Apple, Samsung, Oppo, Vivo play a big role in Indian production | Instant News

The federal government in India has changed the production-related incentive scheme (PLI) to allow producers to switch to India on a large scale. This step is expected to pave the way for Apple, Samsung, Foxconn, Oppo, and Vivo, to play a greater role in local production.

According to news reports at The Economic Times“The empowered secretary committee met on Friday and decided to remove the clause, which evaluates factories and machinery brought to India at 40 percent of its value, and has approved several other changes so manufacturing can move to India in a big way.”

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