Government clears incentives worth Rs 7.65 billion under PLI scheme for LSEM sector

The government has cleared another tranche of financial incentives worth Rs 7.65 billion under the production-linked incentive (PLI) scheme for the large-scale electronics manufacturing (LSEM) sector. According to data provided by the India Cellular and Electronics Association, Wist­ron Corporation, Apple’s contract manufacturer, will receive Rs 6.02 billion of incentives.