Consider the following statements: Statement-I: India accounts for 3.2% of global export of goods. Statement-II: Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme. Which one of the following is correct in respect of the above statements?
Question source: testmint.ai
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- Production Linked Incentive schemes
Direct Prelims reference to PLI uptake by domestic and foreign firms.