Recent analysis
The Phone PLI's Successor Pays Up to 5%, Wants 15% Growth a Year, and Offers 0.2% to Make the Cell Here
Monday, October 26, 2026
The successor to the smartphone PLI pays 5% on most growth, not the 2.75% in its headline, but only after a brand grows more than 15% a ...
Read the piece →India's Display Fab Scheme Got Two Billion-Dollar Bids and Approved Neither. Then It Redefined "Display Fab" Small Enough to Claim One Anyway.
Monday, September 28, 2026
In December 2021, India offered up to ₹12,000 crore to whichever of at most two companies built a large-panel display factory. Two real...
Read the piece →India's Mobile-Phone PLI Beat Every Target. Its Chip-Fab Scheme Has 5 of 12 Plants Actually Producing.
Sunday, August 30, 2026
India's mobile-phone PLI scheme beat its own five-year investment target by 294% and its production target by 142% — a genuine, gov...
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Umashankar Triplicane Dwarakanathan
Investment Promotion & Energy-Sector Leader · Chennai, Tamil Nadu, India