MobileET Techabout 2 hours ago
India launches Rs 62,500 crore mobile scheme
3 min read
India's government approved the Mobile Phone Manufacturing Scheme with a budgetary outlay of Rs 62,500 crore in July. The program runs from financial year 2026-27 to 2030-31, offering incentives ranging from 2.25% to 5% on eligible sales. It aims to generate approximately 60,000 direct jobs and increase domestic value addition within the electronics sector.
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