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Government Launches ₹62,500 Crore Scheme to Supercharge Mobile Phone Manufacturing in India
Inc42 Media·Thursday, 16 July 2026
The Union Cabinet has approved a dedicated Mobile Phone Manufacturing Scheme worth ₹62,500 crore. The scheme is designed to boost domestic production of mobile phones in India. This is part of a broader push to make India a global electronics manufacturing hub.
Why It Matters
If more phones are made in India, it could mean cheaper devices for buyers and more factory jobs for workers across the country.
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