Faulty invoices force scrutiny; govt delays PLI sops for smartphone makers

Errors in invoices submitted by Samsung have led to deeper scrutiny, which has caused delays in the release of sops by the government for smartphone manufacturers who have achieved targets under the production-linked incentive (PLI) scheme, a report in the Economic Times said.

A person with the knowledge of the development told ET that the South Korean smartphone giant Samsung had submitted invoices with errors. Therefore, there is a delay in the release of incentives.

Other than Samsung, overseas majors Hon Hai (Foxconn) and Wistron qualified for the incentives under the PLI scheme. Indian manufacturers like Dixon Technologies and UTL Neolyncs also qualified for the same. However, these companies are waiting for clarification from the Ministry of Electronics and Information Technology (MeitY).

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