Big PLI impact! Local production of electronics parts gets a boost; imports of completely boxed smartphones decline 40%
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.
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -