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Apple vendors and Samsung among the 22 companies applying for India’s $6.6B PLI Scheme

Samsung, Apple suppliers Foxconn, Wistron and Pegatron, and local smartphone makers Micromax and Lava are among the companies that have applied for India’s Production-Linked Incentive Scheme (PLI). These companies will produce mobile phones and components worth Rs 11.5 lakh crore in the coming 5 years out of which products worth Rs 7 lakh crore will be exported. pic.twitter.com/3yUky3HkOC — Ravi Shankar Prasad (@rsprasad) August 1, 2020 22 companies in the smartphone manufacturing field have submitted applications for the incentive scheme with Chinese makers under the BBK wing (Oppo, OnePlus, Realme, vivo) missing from the list.

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