INDIAN GOVERNMENT APPROVES PLI SCHEME FOR 16 COMPANIES

HIGHLIGHTS

• Indian government has considered 16 companies eligible for PLI Scheme.
• Under this scheme, the government will give 4-6% incentive to eligible electronic companies on incremental sales of goods manufactured by them.
• The products include mobile phones and electronic components.

On Tuesday, 6 OCT 2020, Indian government said that it has considered sixteen global....