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Govt offers $6 Billion sops for ‘Make In India’ push in smartphone manufacturing

Shortpedia

Content Team

Amid globally reducing interest towards manufacturing in China, the Indian government has now brought in a new slew of benefits to attract India as a replacement unit. IT minister Ravi Shankar Prasad announced the launch of $6 Bn plan to boost electronics manufacturing, saying it would start by offering five global smartphone makers incentives to establish or expand domestic production.