Sources: India plans $2.7B in fresh subsidies and import tariff cuts to boost local manufacturing, especially of smartphones made by companies like Apple (Bloomberg)

Bloomberg:
Sources: India plans $2.7B in fresh subsidies and import tariff cuts to boost local manufacturing, especially of smartphones made by companies like Apple  —  - Proposed incentives will help smartphone makers like Apple  — Final decision to be made by cabinet; details likely in budget

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