The incentive scheme was a washout in FY21, its first year, after only one of the 16 companies achieved the stipulated targets due to delays in manufacturing expansion caused by Covid-19. Each global handset company had a production target of Rs 4,000 crore in FY21, which was to be achieved in eight months.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2S3Re94
Tuesday, May 18, 2021
Handset makers may miss PLI targets for second year in a row
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