Samsung, Apple's contract manufacturers to get Rs. 4,400cr under PLI


Content Team
Image Credit: economic times

Apple's three contract manufacturers, along with Samsung and local electronics company Dixon Technologies, are set to receive over Rs. 4,400 crore to meet production targets in FY23 under India's production-linked incentive (PLI) scheme for smartphones. However, the original planned outlay of Rs. 6,504 crore for FY24 won't be fully utilized as some companies haven't met their targets.