Reuters reveals Apple, Samsung could benefit as India aims to speed product safety approvals

Reuters was first to report India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, a move that could boost device launch plans by the likes of Samsung and Apple. The move comes as India scrambles to remove bottlenecks faced by businesses, with Prime Minister Narendra Modi bullish on an electronics hardware manufacturing industry his government targets to be worth $300 billion by 2026.