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Sunday, December 22, 2024 | 10:08 PM ISTEN Hindi

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Will govt incentives for mobile manufacturing speed up job creation?

The Indian govt hopes to generate 300,000 direct jobs and thrice as many indirect employment opportunities in the sector over the next five years

mobile, smartphone, manufacturing, production, phone, PLI scheme
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Subhomoy Bhattacharjee New Delhi
Would the ring of support for the mobile manufacturing ecosystem manage to build on India’s labour abundance? For starters, just take a peek at the tables below. They compare the extent of support Chinese and Vietnam governments offer to their mobile manufacturers against what India lines up. The data is for 2020. The two Asian countries offer 12 and 13 types of support, respectively, to their companies. India, by comparison, even with Production-Linked Incentives (PLI), offers only five. Looking at these in another way, for every Rs 100 crore of investment made by an Apple, Samsung or a Micromax in

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