Blinkit, one of the big companies in the quick commerce segment, on Thursday announced the delivery of laptops, printers, monitors and many other electronic products in just 10 minutes. Initially this service is being provided in Delhi-NCR, Mumbai, Bengaluru, Pune, Lucknow and Kolkata. The company’s chief executive officer, Albinder Dhindsa, said in a post on…
American devices maker Apple’s supplier Foxconn has demanded billions of rupees of outstanding subsidy from the central government under the Production-Linked Incentive Scheme. The government had launched a scheme of more than Rs 41,200 crore to increase electronics manufacturing. Manufacturers were given subsidy in this. In the Bloomberg report, quoting sources having knowledge of this…
The Central Government has given incentives in the last few years to encourage electronics manufacturing in the country. Subsidy can be given by the government for electronic component makers. Along with this, tariff on imports can also be reduced. Smartphone manufacturing companies including Apple can especially benefit from this. According to a Bloomberg News report,…
