Friday, 24 March, 2023

Samsung in talks with Jio, Airtel to locally manufacture 4G, 5G gear

<p>Samsung intends to apply for the next edition of the production-linked incentive (PLI) 2.0 scheme, which will allow the company to manufacture 4G and 5G products locally. The Korean giant is in talks with Reliance Jio and Bharti Airtel for 4G expansion and 5G supply contracts. The firm had decided not to participate in the initial PLI scheme, claiming that setting up a network equipment plant in India with only one client, Reliance Jio Infocomm, was not feasible at the time.</p>