Perpetually linked incentives? India’s handset makers must shorten their curve to competitiveness
Its renewal, however, suggests that the contract-job factories for the world’s top brands like Apple, Samsung and Xiaomi still depend on a subsidy to remain competitive even after five years of support. The scheme also loses some sheen if its impact is held against the light of details. India’s export boom, for example, needs to be viewed in the context of an import surge to feed it.
