Apple’s manufacturing partners look to benefit from India’s PLI scheme
<p class="">India’s government has announced that Apple and Samsung’s manufacturing partners Foxconn, Winston, and Pegatron have won a five-year approval to gain benefits from this scheme, reports <a href="https://thenextweb.com/plugged/2020/10/07/india-courts-iphone-and-samsung-makers-with-a-juicy-5-year-manufacturing-subsidy/" target="_blank" rel="noopener noreferrer">TNW.</a> Under the <a href="https://meity.gov.in/esdm/pli" target="_blank" rel="noopener noreferrer">Production Linked Incentive Scheme (PLI)</a>, phone-makers will get 4-6% benefit on devices that are worth ₹15,000 (about US$205) or above.</p>