Indian contract handset makers may miss FY23 PLI targets
The two who met the FY22 targets were Padget Electronics, a Dixon Technologies subsidiary, and UTL Neolyncs, which makes the JioPhone series. UTL Neolyncs is a JV between Bengaluru-based UTL Group and Neolync Solution, in which Reliance Industries holds a 40% stake. But both are also facing a slowdown now and are likely to miss the FY23 targets.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
