new Delhi. Union Electronics and Data Expertise and Telecom Minister Ravi Shankar Prasad mentioned that the legendary tech firm Apple is investing in India on a big scale. Prasad mentioned that throughout the Corona period, Apple's 9 working items have shifted from China to India, together with the elements that make elements.
The Union Minister mentioned this whereas addressing the 23rd version of Bengaluru Tech Summit via video conferencing. He added that the manufacturing world is exploring various locations. He mentioned that in view of the nice success within the efforts to speed up cell manufacturing too, we introduced an enormous thought of Manufacturing Linked Incentive (PLI). Considerably, the Union Minister had earlier mentioned that Samsung, Foxconn, Rising Star, Wistron and Pegatron are submitting purposes below the PLI scheme.
Manufacturing linked incentive scheme
It’s noteworthy that the Central Authorities launched the Manufacturing Linked Incentive Scheme (PLI) to woo international digital corporations. Below this scheme thus far, many international corporations have utilized to return to India to provide cell manufacturing and elements. The federal government has just lately expanded the scope of the scheme to incorporate 10 new areas.
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