The union cabinet approved a new mobile phone manufacturing scheme. This initiative has an outlay of sixty-two thousand five hundred crore rupees. The scheme aims to boost domestic production and exports significantly. It also targets generating substantial direct employment opportunities. This plan will promote technological sovereignty and Indian brand development.

Modi's cabinet approved $13.3B for semiconductors and $6.5B for smartphones. The minister said Modi wants India to "create an Indian mobile brand."

The Union Cabinet approved India Semiconductor Mission 2.0 with significant funding. A Rs 62,500 crore Mobile Phone Manufacturing Scheme was also cleared. These initiatives aim to…