Narendra Modi

Samsung kicked off operations at a sprawling new manufacturing facility in northern India, a move aimed at doubling handset production and securing a top position in the world’s second-largest smartphone market.

The government in India entered into preliminary talks with stakeholders to assess the impact of regulations which would require mobile wallet funds to be insured, The Financial Express reported.

Indian officials say they won’t give in to demands by Apple for special concessions allowing it to assemble iPhones in India, but the government is reviewing its overall manufacturing policy to stimulate support for its ‘Made in India’ initiative as well…