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Foreign phone makers are capitalising on "Make in India" but Indian firms are lagging behind

Daybreak

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Introduction

Three years ago, the Indian government launched a project that aimed to make the country the hub of mobile phone manufacturing. The production-linked incentive or PLI scheme is designed to provide incentives on incremental sales of goods manufactured in the sector. So far, it seems to be doing pretty well; Phone exports are expected to almost double in 2023. But why is Macon India attracting more foreign phone makers than Indian ones? Welcome to Daybreak, a business podcast from the Ken.

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