Electrical Equip. /Consumer Electronics
The government is taking China head-on in the area of electronics manufacturing as it boosts efforts to attract local production of mobile phones and ancillaries, while creating fresh investments and jobs. The scheme is aimed at attracting large international manufacturer, while also empowering homegrown companies to emerge stronger and gain scale globally. A production linked scheme, which will give incentive worth Rs. 50,000 crore (€6 billion) on incremental output in the area of electronics manufacturing, is likely to help global companies such as Taiwanese, South Korean and home grown players like Lava, Karbonn, Micromax, etc.
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