Govt’s mobile manufacturing booster plan: Will iPhone get cheaper in India?

The government has approved plans of 16 companies, including Apple’s contract manufacturers Foxconn Hon Hai, Wistron and Pegatron, for starting work under the production linked incentive (PLI) scheme. But what is the scheme all about?

Business Standard’s Arnab Dutta explains about the announcements related to the PLI scheme, Apple’s fortunes in India and how the scheme is going to impact Indian mobile industry in this podcast.