Government Approves 16 Companies, Including Top Apple Suppliers, For $6.65-Billion Smartphone Plan

The government on Tuesday said it was approving incentives under a plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron. The country’s smartphone industry has become a showpiece for Prime Minister Narendra Modi’s “Make In India” drive. The $6.65-billion incentive scheme is part of the government’s