Samsung to boost India phone exports under new incentive scheme
New Delhi: Samsung plans to increase exports of mobile phones from India, leveraging the government’s new Mobile Phone Manufacturing Scheme that offers incentives at higher rates for incremental shipments, said people aware of the matter.
The South Korean electronics giant is considering expanding India production, including making fresh investments, to boost exports from here. But if the international market continues to contract due to the high cost of memory chips, it could explore a shift of capacity.
