Apple vendors, Samsung propose Rs 11 trn mobile phone production in India

iPhone maker Apple’s contract manufacturers, as well as firms like Samsung, Lava and Dixon have proposed to produce mobile devices and components of over Rs 11 trillion in the next five years under the government’s new scheme to boost electronics manufacturing, according to sources.

The proposals submitted by the companies to the Ministry of Electronics and IT to avail benefits of the Production Link Incentives (PLI) are expected to create 12 lakh employment opportunities — 3 lakh direct and around 9 lakh indirect jobs, a source told PTI.

“Foreign companies that have submitted proposals for the scheme include Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron,” the source said.