The new industrial policy provides for reimbursement of stamp duty and registration charges, reimbursement of land conversion fee, power tariff reimbursement and exemption from electricity duty
People aware of the discussion said the company will be manufacturing smartphones worth Rs 2.2 trillion, priced above Rs 15,000 per unit, under the production-linked incentive (PLI) scheme
Smartphone industry seems to be limping back to normalcy as sales are picking up at both online and offline market segments
The ICEA has written a letter to Labour Minister Santosh Kumar Gangwar requesting him to facilitate wage compensation under the sickness benefit
The opportunity cost of starting a component manufacturing facility is the loss of revenue of around 5-9 months in the best case scenario and at worst, almost 2 years, the report said
With the rise in mobile phone production, imports of the devices in the country also reduced to less than half in 2017-18