Global Trade Alert
Global Trade Alert

India: Incentives for M/s Foxconn Hon Hai Technology India approved under the scheme to incentivise the manufacture of large scale electronics

Announcement

20 Dec 2022

The NITI Aayog under the Indian government has approved incentives for M/s Foxconn Hon Hai Technology India Mega Development Pvt. Ltd for the year 2021-2022 under the production-linked incentive scheme for large-scale electronics manufacturing.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Dec 2022

Revocation date:

No revocation date

Announced: 20 Dec 2022
Production subsidy In force
On 20 December 2022, the NITI* Aayog under the Indian government approved an incentive of INR 357.17 crore (USD 43.23 million) in favour of M/s Foxconn Hon Hai Technology India Mega Development Pvt. L...
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