Samsung, Apple contract manufacturers apply for benefits under PLI scheme

Leading handset makers like Samsung and iPhone producer Apple’s contract manufacturers have submitted proposals to avail benefits under the government’s Rs 50,000 crore production linked incentive scheme for boosting electronics manufacturing, sources said.

According to proposals, the companies like Samsung Lava, Dixon and iPhone contract manufacturer looks to produce mobile devices and components worth over Rs 11 trillion in the next five years, they said.

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 1.2 million employment opportunities — 300,000 direct and around 900,000 indirect jobs, a source told PTI.