Government allocates over Rs 4,400 crore to Apple, Samsung & other smartphone manufacturers under PLI scheme
Monday, 4 March 2024 India's production-linked incentive (PLI) scheme for smartphones has provided incentives to Apple's contract manufacturers, Samsung, and Dixon Technologies. Some companies have not met production targets. Mobile phone exports have significantly increased. The scheme offers graded cashback incentives and has a revised duration and settlement timeline.
DOJ Sues Apple , for Monopolizing Smartphone Market.
The Justice Department and 16 state attorneys general filed suit against Apple on March 21 in New Jersey, 'The Hill' reports. .
The complaint..
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