Smartphone makers may get PLI scheme 2.0: Government eyes tariffs, China challenges, and programme success

PLI scheme 2.0: The government is in talks with smartphone makers for a new incentive scheme as the current production-linked incentive ends next month. Officials are considering an exception to the general rule of single-round incentives due to changing circumstances, including the zeroing of fentanyl tariffs on China and a persistent manufacturing cost disadvantage for Indian players.