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Wednesday, February 22, 2023

Indian contract handset makers may miss FY23 PLI targets

The two who met the FY22 targets were Padget Electronics, a Dixon Technologies subsidiary, and UTL Neolyncs, which makes the JioPhone series. UTL Neolyncs is a JV between Bengaluru-based UTL Group and Neolync Solution, in which Reliance Industries holds a 40% stake. But both are also facing a slowdown now and are likely to miss the FY23 targets.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/5s68HWD

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