India Doubles Down on Mobile Manufacturing with Cabinet Approval of ₹62,500 Crore PLI 2.0 Scheme

Manufacturing

15 July 2026 at 11:27 pm

India Doubles Down on Mobile Manufacturing with Cabinet Approval of ₹62,500 Crore PLI 2.0 Scheme

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Summary

India has approved the Mobile PLI 2.0 scheme with a ₹62,500 crore outlay to boost mobile manufacturing. This initiative aims to expand smartphone production beyond assembly, solidifying India's position as the world's second-largest mobile phone producer.

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