Firstly the high electronics import is only due to to sudden surge in assembly plants in India heck even Chinese companies have started assembling here
From 2021 till now many assembly plants have been setup that's the reason
Coming to semiconductor both PLI and dli have been initiated but so what do u still believe vedanta with Foxconn is gonna build semiconductor factory in India then pls check recent updates and moreover Foxconn tech holdings
They will establish a pcb line that's for sure but semiconductor is still a jumla for me
anyway we are derailing better if we discuss in DM or leave it here
You keep your conspiracy theories to yourself.
As per lastest updates. The Vedanta Foxconn project is moving forward smoothly.
You first need to have an assembly unit to move on to be a component manufacturer.
The first round of PLI electronics targets assembly of electronic products & is provided based on incremental sales.
The second round of PLI electronics, provides incentive based on manufacturing of specific electronic components, rather than the final product. But is provided on incremental sales.
So the assembly units have to shift to component manufacturing over a period of 5 years, in order to avail higher incentive. More information is available on MeitY website.
Do your fuckin research before shitting all over the thread with China simping.