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...

August 21, 2026 4:58 PM

₹62,500 Crore Mobile Phone Manufacturing Scheme to Boost India’s Electronics Sector

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 strengthening India’s position as a global hub for electronics manufacturing. The five-year scheme will be implemented from FY 2026-27 to FY 2030-31 and focuses on increasing the scale of mobile phone production, enhancing domestic value addition and strengthening capabilities across the manufacturing ecosystem. Two Targ...

August 20, 2026 8:51 PM

MeitY Partners with PhonePe to Strengthen PM GatiShakti with Granular Data Intelligence

The Ministry of Electronics and Information Technology (MeitY) on Thursday signed a Memorandum of Understanding (MoU) with PhonePe to leverage insights from PhonePe PulsePro, an enterprise data intelligence platform, to support the PM GatiShakti initiative for national infrastructure planning, economic analysis and integrated urban and rural development. Under the agreement, PhonePe PulsePro metrics will be integrated into the PM GatiShakti National Master Plan portal, which is managed in colla...