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Union Minister Patel invites Asean companies to invest in India
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Union Minister Anupriya Patel invites Asean companies to invest in India
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Global Networking Products Market Shares Reflect Significant Growth of Mn US$ During 2020-2025 – KSU
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Wants big players to build locally for locals, then build export capability Share
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India has created a new tech manufacturing investment attraction fund, this time for telecom equipment and enterprise networking kit.
Details of the new Production Linked Incentive (PLI) Scheme for Telecom and Networking Products have not been posted, but previous Indian PLI schemes aimed at consumer electronics and other devices have seen India subsidise the acquisition of land and construction of factories for both foreign and domestic investors.
The new scheme explicitly aims to make India both a producer of products for local consumption, and an exporter.