Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion (roughly Rs. 42,221 crore) in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China. India’s electronic production has more than doubled in the…