Mobile Phone Manufacturing Scheme Latest News
Recently, the Union Cabinet chaired by the Prime Minister of India has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore.
About Mobile Phone Manufacturing Scheme
- It is launched by the government of India to further scale up production, deepen domestic value addition, strengthen supply chain resilience, and enhance global competitiveness.
- Aim: It aims at building Indian brands to achieve technological sovereignty, capture large economic value and create Indian patents in design and R&D.
- Time Period: The scheme tenure shall be 5 Years i.e. from FY 2026-27 to FY 2030-31.
- Features
- The scheme provides incentive support on eligible sales for manufacturing of mobile phones in India at differentiated rates ranging from 2.25% to 5%.
- The scheme also provides additional incentive of up to 1.5% linked to domestic sourcing of key components/ sub-assemblies.
- For building Indian brands, an additional incentive of 3% on Eligible Sales for design and R&D of the product.
Source: PIB
Last updated on July, 2026
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Mobile Phone Manufacturing Scheme FAQ's
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