New scheme aims to deepen value addition as 99.2 per cent of phones sold are made in India
More than Rs 500 crore will be pumped into the Indian Institute for Immersive Creators.
These MoUs are going to be crucial in distribution of content in other countries.
Three crucial amendments to certain provisions were approved by the government.
The move will lead to rationalisation of infrastructure and manpower, the government says.
