Brokerage firm Nomura believes that the initial contours of the new PLI component scheme is likely to provide further impetus to and increase domestic value addition in mobiles from 18% to 20% to 35% to 40% over the next five years.

Brokerage firm Nomura believes that the initial contours of the new PLI component scheme is likely to provide further impetus to and increase domestic value addition in mobiles from 18% to 20% to 35% to 40% over the next five years.
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