Source: BS
Context: The Ministry of Electronics and Information Technology (MeitY) notified the Mobile Phone Manufacturing Scheme (MPMS), aimed at incentivising domestic assembly of smartphones and greater local value addition. The ₹62,500 crore scheme was approved by the Union Cabinet on 15 July and continues the earlier PLI Scheme for Large Scale Electronics Manufacturing, which ran from 2020 to FY26.
What is Mobile Phone Manufacturing Scheme (MPMS)?
The Mobile Phone Manufacturing Scheme (MPMS) is a ₹62,500 crore, five-year government scheme aimed at making India a stronger global hub for mobile phone manufacturing.
- Scheme outlay: ₹62,500 crore
- Duration: through 2030-31
- India’s position: second largest phone manufacturer in the world
- Main aim: Increase mobile phone production and domestic value addition in India.
- Indian brands: The scheme also provides special support to Indian-owned mobile phone brands, including incentives for Indian design and R&D.
MPMS is designed to encourage companies to make more mobile phones
