Big PLI impact! Local production of electronics parts gets a boost; imports of completely boxed smartphones decline 40%
Tuesday, 9 April 2024 () India's local electronics manufacturing is on the rise, with a significant decrease in imports of key components such as mechanics, vibrator motors, charger adapters, and plastic parts. The government's production-linked incentive scheme has boosted local production, leading to a drop in imports of fully assembled electronics like smartphones.
Tuesday, 9 April 2024 ()
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