India tests China’s production with US$550 million lure to Apple, tablet makers
Narendra Modi’s administration has been ramping up efforts to attract global electronics names through policy initiatives, as China’s allure wanes because of geopolitical tensions and its disruptive zero-Covid policy.
India Eyes $550 Million Incentives to Draw Apple, Tablet Makers
India plans to boost the financial incentives for manufacturers that make tablets and laptops in the country, wooing companies such as Apple Inc. and Dell Technologies Inc. as part of its bid to challenge China as a production base.
India eyes $550 million incentives to woo companies like Apple, Dell
The technology ministry has floated the revamped program to electronics industry executives for consultation, including payments that could exceed a half a billion dollars per company