PLI boom: ₹47,000 crore of iPhones likely to be made in India - Economic Times

Expected production for FY23 is also more than twice the requirement for the iPhone makers together to qualify for incentives for the second year under the PLI scheme for smartphones.

Apple's contract manufacturers are expected to make iPhones worth 47,000 crore in India this fiscal, the second year of the production linked incentives (PLI) scheme that started in April. This will … [+2846 chars]

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