NEW DELHI—India is offering billions of dollars of incentives to its electronics industry with an intent to cut reliance on China and boost national security, according to an expert from an Indian government-backed think tank.
“It is happening across the spectrum as part of [a] production-linked incentive,” Pathikrit Payne, a senior fellow with the Dr. Syama Prasad Mookerjee Research Foundation, a think tank affiliated with India’s ruling Bharatiya Janata Party, told The Epoch Times.
