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India considers new incentives to woo smartphone manufacturers

Delhi wants to draw investments away from China and Vietnam

India is gaining importance as a manufacturing hub for electronics, as well as a growing market for them.   © Reuters

BANGALORE -- India is planning to offer more incentives to smartphone manufacturers to achieve its ambitious target of upping its mobile device exports to $110 billion by 2025 from the current $3 billion.

This is in line with the Indian government’s five-year-old flagship initiative "Make In India," which seeks to refashion the country as an electronics manufacturing hub for overseas companies.

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