Commerce Ministry Questions Smartphone PLI Scheme's Extension, Industry Cites Success
En resumen
- The commerce ministry questioned the smartphone PLI scheme's extension, but industry data shows production more than doubled, exports rose tenfold, and domestic value addition quadrupled, surpassing China's pace.
- The scheme met all objectives, offering lessons for future manufacturing growth.
Resumen generado por IA
The commerce ministry questioned the smartphone PLI scheme's extension, but industry data shows production more than doubled, exports rose tenfold, and domestic value addition quadrupled, surpassing China's pace. The scheme met all objectives, offering lessons for future manufacturing growth.