India, April 29 -- Foxconn, Tata Electronics, Zetwerk and Dixon are among the companies reportedly eyeing investments in India under the newly launched production-linked incentive (PLI) scheme for electronics components.

Foxconn, the largest contract manufacturer for Apple, is advancing its plans through its subsidiary Yuzhan Technology to apply under the smartphone display module category of the PLI scheme, Economic Times reported.

It has already set up a display module assembly unit in Tamil Nadu and trial runs have already been started.

"They have been waiting for the PLI and are very keen to apply for it as they see this as a great opportunity to deepen their presence in India. They want to replicate the success they achieved with ...