The Cabinet has approved Rs 62,500 crore for the mobile phone PLI scheme 2.0, aiming to strengthen India's position as the world's second-largest mobile manufacturer.
The decision was announced today
Jul 15, 2026
04:47 pm
What's the storyThe Union Cabinet has approved a whopping ₹62,500 crore for the second phase of the mobile phone production-linked incentives scheme.
The decision was announced by Information Technology Minister Ashwini Vaishnaw today.
Cabinet approves Rs 62,500 crore for mobile phone PLI scheme 2.0 - The Economic Times
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