Friday, 24 March, 2023

Surge In 'Foreign Return' Startups In India

<p>During 2021, many startups from India decided to list abroad as tech stocks raised to unmatched levels in US. Now, when the stocks are back to normal these firms are planning to return to India. Along with this, the mobile phone exports hit a record of $1 billion in India during September. This was the result of the government&#39;s Production Linked Incentive scheme, which made the firms like Apple and Samsung to boost production locally for both domestic and overseas market.</p>