Foxconn, Dixon Urge India to Pay Pending Production Subsidies
2 days ago · Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are asking India to pay them billions of rupees in subsidies they think they are entitled to under the government’s ...
Foxconn, Dixon ask govt to pay pending production-linked …
2 days ago · Foxconn and Dixon argue that, according to the program rules, they are eligible for some of the unallocated funds, people familiar with the matter said. Foxconn could get as much as Rs 600 crore and Dixon Rs 100 crore if the government releases the funds, the people said, asking not to be identified as the matter isn’t public.
Foxconn, Dixon Said to Urge Government to Pay Pending …
1 day ago · Foxconn and Dixon argue that, according to the program rules, they are eligible for some of the unallocated funds, people familiar with the matter said. Foxconn could get as much Rs. 6 billion and Dixon Rs. 1 billion if the government releases the funds, the people said, asking not to be identified as the matter isn't public.
Apple Inc. supplier Foxconn & Dixon urge India to pay pending ...
2 days ago · Foxconn and Dixon Technologies are requesting subsidies from Indias production-linked incentive program, claiming they are eligible for unallocated funds. The government pledged 410 billion rupees in subsidies, but some companies didnt meet production targets, leaving funds unclaimed. Foxconn and Dixon, exceeding their production caps, argue they should receive a share.
Foxconn & Dixon Urge Govt To Clear Pending Subsidies
1 day ago · SUMMARY. While Foxconn could receive as much as INR 600 Cr, homegrown Dixon could get INR 100 Cr if the government releases the funds. Foxconn produced iPhones worth INR 30,000 Cr in FY23, higher ...
Apple Inc. supplier Foxconn & Dixon urge India to pay pending ...
2 days ago · Foxconn Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are asking India to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. The government pledged a total of 410 billion rupees ($4.8 billion) in subsidies to manufacturers, and part of that remains unallocated because some companies ...
Foxconn requests India production subsidies - Taipei Times
2 days ago · Foxconn and Dixon argue that, according to the program rules, they are eligible for some of the unallocated funds, people familiar with the matter said. Foxconn could get as much as 6 billion rupees and Dixon 1 billion rupees if the government releases the funds, the sources said, asking not to be identified as the matter is not public.
Foxconn wants a bigger cut of India's production incentives
2 days ago · According to Foxconn and Dixon, the program rules say that the firms are eligible to receive some of the unallocated funds. For Foxconn, sources say that could be as much as 6 billion rupees ($69. ...
Foxconn, Dixon seek unallocated Indian subsidies - Tech in Asia
1 day ago · Foxconn and Dixon Technologies India Ltd. have applied for subsidies under India’s 410 billion rupees (around US$4.8 billion) production-linked incentive (PLI) program, aiming for unallocated funds.
Why did shares of Dixon Technologies, CG Power and peers
2 days ago · Out of the 31 analysts that have coverage on Dixon Technologies, 15 of them have a "buy" rating, nine of them say "hold", while the other seven have a "hold" rating. Shares of Dixon Technologies ended 8.4% lower at ₹16,900, while those of CG Power ended 3.5% lower at ₹692.7. Shares of Kaynes Tech too ended 4.1% lower on Wednesday at ₹6,950.
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