Samsung may shift production to India from Vietnam amidst Trump’s tariff moves; wants one more year of PLI sops

Samsung seeks a 1-year extension on the smartphone PLI scheme after missing production targets in FY22, aiming to secure full 5-year incentives worth ₹3,200 crore for 4 years so far. The company is also exploring shifting more production from Vietnam to India amid US tariff concerns. #ManufacturingShift