IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race

[ad_1] India risks losing out to China and Vietnam as it seeks to become a major smartphone export hub and must “act fast” to lure global companies with lower tariffs, the deputy IT minister said in government documents seen by Reuters. Smartphone manufacturing is a key plank of Prime Minister Narendra Modi’s ambitions to boost … Read more

Cabinet Clears Rs. 17,000 Crore-Incentive for Locally Made Laptops, Tablets

[ad_1] The Union Cabinet on Wednesday approved a Rs. 17,000 crore incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years. IT and Telecom Minister Ashwini Vaishnaw said that companies having high … Read more