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'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt

The commerce ministry questioned the smartphone PLI scheme's success for an extension. Industry data showed production more than doubling and exports rising ten times. Domestic value addition quadrupled, surpassing China's pace over decades. The scheme met all objectives, including exports and job creation. This policy intervention offers valuable lessons for future manufacturing growth.

Raccontata daeconomictimes.indiatimes.com

Timeline cronologica

  1. lunedì 6 luglio 2026·economictimes.indiatimes.com

    India's runaway smartphone PLI success holds lessons for the next wave of industrial policy - The Economic Times

    India's smartphone production incentive scheme transformed the nation into a manufacturing hub. This policy successfully attracted global value chains and boosted exports…

  2. martedì 7 luglio 2026·economictimes.indiatimes.com

    'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt

    The commerce ministry questioned the smartphone PLI scheme's success for an extension. Industry data showed production more than doubling and exports rising ten times. Domestic…