DOMESTIC PLAYERS, APART from Dixon Technologies, are on course to miss out on the benefits of the government's smartphone production-linked incentive (PLI) scheme, which concludes in FY26. Homegrown manufacturers like Bhagwati (Micromax), Lava, and Optiemus Electronics are unlikely to meet the eligibility criteria, signaling a missed opportunity for India's indigenous smartphone sector.
Among domestic manufacturers, only UTL Neolyncs - which produces Karbonn and Jio phones - has managed to claim incentives under the scheme, and that too for just a year or two, according to industry sources.
This story is from the December 21, 2024 edition of Financial Express Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 21, 2024 edition of Financial Express Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MRF: Crude prices, Re slide driving surge in tyre prices
RISING CRUDE OIL prices and a depreciating rupee are driving up tyre costs, according to Arun Mammen, vice chairman and managing director of MRF.
Top realtors steer clear of affordable housing
LIMITED INCENTIVES FOR private players create barriers to scaling affordable projects, Signature's Aggarwal said.
Trump Holds Victory Rally Ahead of Inauguration
Mukesh, wife Nita to attend the event
Skilling shouldn't be on a budget
● Focus on women, migrant workers, infrastructure
India Leads in Disaster Management, Says Shah
BACKED BY RESILIENT infrastructure in the area of disaster management, India has emerged as a global leader in the sector by adopting a 'zero casualty' goal during calamities, Union home minister Amit Shah said on Sunday.
Hindenburg founder faces scrutiny
NATE ANDERSON, 'ACTIVIST', short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario.
MBA Isn't At Risk; It's In Transition
Rekha Sethi, the director general of the All India Management Association (AIMA) – the apex body for management profession in India – is of the opinion that despite poor placements at business schools last year, the MBA degree isn't at risk. \"It's in transition,\" she says.
A Bigger Playing Field
The male consumer has evolved, so it's time for Smart and Handsome to flex
A big display for entertainment
A budget phone that provides a hasslefree experience
Trade Partner Or Adversary?
India must think beyond China-Plus-One strategy as the world trade order is rapidly changing
