October 28, 2026 9:27 AM

Mobile PLI scheme generates ₹25,000 crore in direct taxes: Ashwini Vaishnaw

The government's Production Linked Incentive (PLI) scheme for mobile phone manufacturing has generated ₹25,000 crore in direct tax collections against an incentive payout of ₹19,000 crore, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Wednesday. In a post on X, Vaishnaw said the scheme had also contributed ₹3,000 crore in Goods and Services Tax (GST) collections. Highlighting the sector's employment potential, he said electronics manufacturing employs ...

July 16, 2026 12:09 PM

Cabinet-approved mobile phone manufacturing scheme to drive India’s electronics manufacturing

The Union Cabinet on Wednesday approved a new Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aiming to deepen domestic value addition, strengthen supply chains, boost exports and consolidate India's position as a global electronics manufacturing hub.   Chaired by Prime Minister Narendra Modi, the Cabinet's decision builds on the rapid transformation of India's electronics manufacturing sector over the past decade, during which the country has emerged as t...

February 6, 2026 10:24 PM

Electronics manufacturing surges over 11 years, India becomes World’s second-largest mobile manufacturer

India’s electronics manufacturing sector has witnessed a sharp expansion over the last 11 years, with production and exports registering multi-fold growth, positioning the country as the second-largest mobile phone manufacturer globally. In a written reply to Rajya Sabha on Friday, Union Minister of State for Electronics and Information Technology Jitin Prasada said the growth has been driven by the Prime Minister Narendra Modi’s Make in India and Atmanirbhar Bharat initiatives, backed by t...