Karnataka's industrial policy to push mobile production to Rs 30K cr

The new industrial policy of Karnataka is expected to push mobile production in value terms in the state to Rs 30,000 crore.
The India Cellular and Electronics Association (ICEA), whose members include Apple, Winston, Lava, among others, said specific policy incentives such as production linked incentive of 1 percent of annual turnover during the policy period for five years is a welcome and bold step by the state government.