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India approves Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to boost exports and jobs
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.
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thenextweb.com
India pledges $20 billion to boost chips and smartphones as Modi pushes for an Indian mobile brand
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."
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economictimes.indiatimes.com
Cabinet approves India Semiconductor Mission 2.0; earmarks Rs 1.27 lakh crore for the project
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…
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Cabinet approves Rs 62,500 crore for mobile phone PLI scheme 2.0 - The Economic Times
Following a push to mobile phone production, India has emerged as the second-largest mobile manufacturer in the world. The mobile phone production in the country more than doubled…
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India approves Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to boost exports and jobs
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…
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newsbytesapp.com
Incentive scheme for mobile phone manufacturing, worth ₹62,500cr, approved
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.
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Cabinet clears ₹1.9 Lakh crore push for chip, mobile phone manufacturing
The Union Cabinet approved significant new schemes for semiconductor and mobile phone manufacturing. The India Semiconductor Mission's second phase will receive ₹1.27 lakh crore…
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hindustantimes.com
Cabinet approves ₹62,500 crore push to boost phone manufacturing in India
The scheme lands amid an accelerating shift for the industry as multinational manufacturers build capacity outside China to hedge against geopolitical risk. | India News