India Mulls $3 Billion Aid and Tariff Cuts to Boost Electronics Manufacturing
The Indian government is reportedly weighing a fresh set of subsidies and tariff reductions aimed at bolstering domestic electronics manufacturing, particularly for components used in smartphones. According to sources familiar with the discussions, the Ministry of Electronics and Information Technology (MeitY) has proposed a subsidy package worth ₹230 billion ($2.7 billion) for component makers, covering … Read more