Brand incentives will push companies into R&D, product development: Meity secretary
All incentives will be calculated on total sales of mobile phones within the country, which means that if a phone manufacturer creates its own brand of devices, earn an additional 9.5% of its turnover as incentives from the government, adding significantly to its profitability. To be sure, Dixon Technologies, India’s top listed electronics manufacturer, reported 3.4% operating margin in FY26.
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