Mobile firms urge govt to make policies to compete with countries not companies

Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement.

Addressing a webinar on production linked incentive scheme on Friday, Prime Minister Narendra Modi said the scheme, aimed at boosting domestic manufacturing and exports, is expected to increase the country’s production by $520 billion in the next five years.

The scheme was first notified to boost mobile manufacturing in the country, and later on, it was extended to other sectors after seeing traction of many global players in the segment, including Samsung, Apple’s contract manufacturers, Dixon, and Lava.