The PLI scheme could offer a massive boost to mobile phone manufacturing in the days to come. Just look at Apple's manufacturing efforts. It has already created 100,000 new jobs in the past 18 months. And we're also trying to woo some of the raw material manufacturers to set up base in the country. We have a separate PLI for semiconductors too. So maybe we are putting together all the ingredients to set up the whole value chain.
In today’s episode for 5th June 2023, we dissect the debate about the efficacy of Production Linked Incentives (PLIs) for mobile phones.