The production-linked incentive (PLI) scheme unveiled in 2020 is losing shine after a soaring start

As part of its initiative, Google aims to take advantage of the government's Production-Linked Incentive (PLI) scheme, which offers financial incentives to manufacturers who produce smartphones locally. By tapping into this scheme, Google not only intends to capitalise on the growing Indian smartphone market but also contribute to the country's "Make in India" vision, fostering local manufacturing capabilities.