The proposals floated by MeitY include offering of interest subsidy on local borrowing by manufacturers
The manufacturing unit will be fourth such Panasonic facility in the country and is scheduled to begin production in Autumn 2021
The manufacturing unit will be fourth such Panasonic facility in the country and is scheduled to begin production in Autumn 2021
Xiaomi phones in India are manufactured mainly by Taiwanese giant Foxconn, also known as Hon Hai Precision Industry Co. Ltd
The ten other facilities of the company in India occupy more than one million square feet and offer manufacturing, after-market services and global business services
The Cabinet has also halved the period of investment from 10 years to five years to avail incentives
New scheme to provide financial incentives to private companies for setting up electronics manufacturing units