Reported 4 months 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