India woos telecom gear makers with new incentives
(ATF) In yet another effort to attract high-tech manufacturing and cut imports, India on Wednesday approved a new $1.68-billion plan to promote local manufacturing and export of telecoms and networking gear.The scheme, which will start from April, will offer gear makers annual cash incentives of between 4% and 7% on …
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Tata plans to build on Apple business
(ATF) India's Tata Group is pivoting to phone components with a new plant that could build on business from Apple to win market share from China. Tata is setting up a globally scalable mobile phone and component contract manufacturing plant in India that will start by making iPhone parts, according …
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