
*Image credit: Pixabay
A day after India celebrated its 80th year of Independence on August 15, 2026, a mega news story floating across the country seems to have raised a sense of pride among conscientious citizens. What is this?
India’s mobile manufacturing sector has grown rapidly, strengthening domestic production, exports and value addition. Consider these facts:
Mobile Phone Manufacturing Scheme:
This scheme was approved on July 15, 2026, with a ₹62,500 crore budget. It focuses on boosting production, domestic value addition, supply chain resilience and global competitiveness. The five-year scheme will run from FY 2026–27 to FY 2030–31. Incentives range from 2.25% to 5%, with additional support for local sourcing, Indian brands, design and R&D.
Source: Press Information Bureau