{"id":113427,"date":"2026-07-16T13:24:28","date_gmt":"2026-07-16T07:54:28","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=113427"},"modified":"2026-07-16T13:24:28","modified_gmt":"2026-07-16T07:54:28","slug":"mobile-phone-manufacturing-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/mobile-phone-manufacturing-scheme\/","title":{"rendered":"Mobile Phone Manufacturing Scheme"},"content":{"rendered":"<h2><b>Mobile Phone Manufacturing Scheme Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">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.\u00a0\u00a0<\/span><\/p>\n<h2><b>About Mobile Phone Manufacturing Scheme<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It is <\/span><b>launched by the government of India<\/b><span style=\"font-weight: 400;\"> to further scale up production, deepen domestic value addition, strengthen supply chain resilience, and enhance global competitiveness.<\/span><\/li>\n<li><b>Aim:<\/b><span style=\"font-weight: 400;\"> It aims at <\/span><b>building Indian brands to achieve technological sovereignty<\/b><span style=\"font-weight: 400;\">, capture large economic value and create <\/span><b>Indian patents in design and R&amp;D.<\/b><\/li>\n<li><b>Time Period:<\/b><span style=\"font-weight: 400;\"> The scheme tenure shall be <\/span><b>5 Years i.e. from FY 2026-27 to FY 2030-31.<\/b><\/li>\n<li aria-level=\"1\"><b>Features<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">The scheme <\/span><b>provides incentive support on eligible sales<\/b><span style=\"font-weight: 400;\"> for manufacturing of mobile phones in India at differentiated <\/span><b>rates ranging from 2.25% to 5%.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">The scheme also provides <\/span><b>additional incentive of up to 1.5% linked<\/b><span style=\"font-weight: 400;\"> to domestic sourcing of key components\/ sub-assemblies.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">For building Indian brands, an additional incentive of 3% on Eligible Sales <\/span><b>for design and R&amp;D of the product.<\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2284792&amp;reg=48&amp;lang=2\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobile Phone Manufacturing Scheme aims at building Indian brands to achieve technological sovereignty, capture large economic value and create Indian patents in design and R&#038;D.<\/p>\n","protected":false},"author":24,"featured_media":113474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[8719],"class_list":["post-113427","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-mobile-phone-manufacturing-scheme","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/113427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=113427"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/113427\/revisions"}],"predecessor-version":[{"id":113485,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/113427\/revisions\/113485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/113474"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=113427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=113427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=113427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}