China’s loss may become India’s gain in shifting supply chains

PM Modi in March announced incentives that make niche firms -- electronics manufacturers -- eligible for a payment of 4%-6% of their incremental sales over the next five years.The result: about two dozen companies pledged $1.5 billion of investments to set up mobile-phone factories in the country

from Livemint - News https://ift.tt/3iRaFtx
https://ift.tt/eA8V8J