India said to plan second phase of Smartphone PLI Scheme in boost to Apple
India is drafting a new round of smartphone manufacturing incentives that would link government subsidies to exports and deeper use of locally made components, in a move that will benefit Apple Inc., Samsung Electronics Co. Ltd. and their suppliers, according to people familiar with the matter.
The proposal—effectively a second phase of India’s flagship production-linked incentive scheme for smartphone manufacturing in India—will start rewarding companies for shipping devices overseas, these people told Bloomberg News, asking not to be identified because the discussions are private.
