Three top Apple suppliers to commit $900 million to India smartphone incentive plan: Sources

India's new $6.65 billion production-linked incentive (PLI) scheme offers companies cash incentives on any increase in sales of locally-made smartphones over the next five years, compared with 2019-20 levels. Foxconn, Wistron and Pegatron all plan to make investments under the scheme, said the sources

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India's new $6.65 billion production-linked incentive (PLI) scheme offers companies cash incentives on any increase in sales of locally-made smartphones over the next five years, compared with 2019-20 levels. Foxconn, Wistron and Pegatron all plan to make investments under the scheme, said the sources