Three Apple suppliers among 16 cos that get nod under PLI scheme

The Ministry of Electronics and Information Technology, in an official release, said on Tuesday it 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.

Apart from the three contract manufacturers of Apple, other global companies such as Samsung and Rising Star have also been given approval for making mobile phones in the Rs 15,000 and above value segment.

The Indian Express had, in July, reported that Samsung, Pegatron, and Rising Star were the first global applicants for the government’s PLI scheme.