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Cabinet Approves Plan to Boost Electronics Manufacturing Industry in India

The Cabinet has approved a ₹48,000cr ($6.4bn) plan to boost the electronics manufacturing industry in India, which has become the world’s second-biggest mobile phone manufacturer. The Government will reportedly provide companies a production-linked incentive of 4-6% on incremental sales of goods made locally for five years. How Big is the Indian Electronics Industry? Since the […]

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