Apple vendors and Samsung among the 22 companies applying for India's $6.6B PLI Scheme

George, 01 August 2020

Samsung, Apple suppliers Foxconn, Wistron and Pegatron, and local smartphone makers Micromax and Lava are among the companies that have applied for India's Production-Linked Incentive Scheme (PLI). Totaling $6.6 billion, the program aims to encourage smartphone and electronics components production in the country.

22 companies in the smartphone manufacturing field have submitted applications for the incentive scheme with Chinese makers under the BBK wing (Oppo, OnePlus, Realme, vivo) missing from the list.

An estimated $153 billion worth of smartphones and components are to be produced over the 5-year span of the program. Under the rules of the incentive, the manufacturers have agreed to export 60% of the products outside of India. 300,000 new jobs will be directly created in the process, with an additional 900,000 new jobs indirectly related.


Reader comments

  • Anonymous

As someone who is a vendor to all these companies, I can assure you things are really moving forward

  • A Realist Common Man

All these are fine. but the proof of the pudding is in the eating. We have heard many a catchy slogan and seen good eye catching headlines for the past six years, but all over there has only been negativity, be it employment, education, health and ...

  • Anonymous

Not sure why anybody would be jealous of India though...

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