Reported about 22 hours ago
Foxconn Technology Group and Dixon Technologies are urging the Indian government to pay them billions in pending production subsidies under the country's incentives program. Despite the government pledging a total of 410 billion rupees in subsidies to manufacturers, a portion remains unallocated as some companies missed production targets. Both Foxconn and Dixon claim eligibility for these unallocated funds, which are under review by the Indian government, marking a crucial moment for Prime Minister Modi's industrial policy.
Source: YAHOO