Apple Inc's Taiwan contract manufacturers Foxconn, Wistron Corp and Pegatron Corp have applied for India's US$6.5 billion scheme to boost local smartphone manufacturing, the country's tech minister said on Saturday.
FILE PHOTO: People wear masks to protect themselves from coronavirus disease , while listening to the annual general meeting at the lobby of Foxconn's office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann Wang/File PhotoNEW DELHI: Apple Inc's Taiwan contract manufacturers Foxconn, Wistron Corp and Pegatron Corp have applied for India's US$6.5 billion scheme to boost local smartphone manufacturing, the country's tech minister said on Saturday.
South Korea's Samsung Electronics Co Ltd has also applied for the production-linked incentive scheme, technology minister Ravi Shankar Prasad told a news conference.The plan offers companies cash incentives on additional sales of devices made locally over five years, with 2019-2020 as the base year.
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