Policy● Neutral for Indian equities
Beyond assembly: how India’s next telecom PLI wants to build the supply chain from within
The brief
- The telecom PLI scheme launched in February 2021
- It incentivizes local production of network switches, transmission gear and set-top boxes
- The scheme targets domestic telecom equipment manufacturing and its supply chain
- India’s semiconductor opportunity is moving from talent scale to value creation
- India’s factory jobs rise 7.2% in FY25, crossing 20 million for the first time
- Apple’s foldable iPhone production yields remain near 60%, delaying recovery
- Piyush Goyal invites US manufacturers to invest in India and partner with SMEs
- Apple set to sell 6 million iPhone Duos in 2026: Counterpoint Research