August 21, 2026 10:38 PM
Government Notifies ₹62,500 Crore Mobile Phone Manufacturing Scheme to Boost Domestic Value Addition
The Ministry of Electronics and Information Technology (MeitY) has notified the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aimed at enhancing India's global competitiveness, deepening domestic value addition and strengthening the country's mobile phone manufacturing ecosystem. The five-year scheme, covering FY 2026-27 to FY 2030-31, seeks to expand manufacturing scale, strengthen domestic supply chains and support Indian mobile phone brands in developin...


