India is moving in the right direction. Earlier, smartphone manufacturing involved very low local value addition, but it is now shifting toward semi high-value component manufacturing. The growth trajectory of local component sourcing is clearly upward, supported strongly by the government through PLI schemes.
What a superb article!!! Deep work…..thanks
Thank you!
India is moving in the right direction. Earlier, smartphone manufacturing involved very low local value addition, but it is now shifting toward semi high-value component manufacturing. The growth trajectory of local component sourcing is clearly upward, supported strongly by the government through PLI schemes.
Only way to go is up :)