Samsung may shift production to India from Vietnam amidst Trump’s tariff moves

Samsung is seeking a one-year extension to India's production-linked incentive (PLI) scheme for smartphones after missing targets in the second year. The company aims to secure incentives for a full five years, potentially receiving ₹3,200 crore for its participation.

Apr 24, 2025 - 03:15
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Samsung may shift production to India from Vietnam amidst Trump’s tariff moves
Samsung is seeking a one-year extension to India's production-linked incentive (PLI) scheme for smartphones after missing targets in the second year. The company aims to secure incentives for a full five years, potentially receiving ₹3,200 crore for its participation.

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