New Delhi, July 15, 2026 : In a major boost to India’s electronics manufacturing sector, the Union Cabinet on Wednesday approved ₹62,500 crore for the Production-Linked Incentive (PLI) Scheme 2.0 for mobile phones, reinforcing the government’s commitment to making India a global manufacturing and export hub.
Announcing the decision, Union Minister for Electronics and Information Technology Ashwini Vaishnaw confirmed that the Cabinet has cleared the new phase of the flagship incentive scheme aimed at accelerating domestic production, exports, investment, and employment in the mobile manufacturing ecosystem.
“Cabinet has approved mobile PLI,” Vaishnaw said while sharing details of the approved scheme.
India Emerges as a Global Smartphone Manufacturing Hub
The approval comes at a time when India’s mobile manufacturing sector has witnessed remarkable growth over the past few years.
According to government data:
- Smartphones became India’s largest exported commodity in Calendar Year (CY) 2025, with exports valued at ₹2.62 lakh crore.
- Apple, through its manufacturing partners in India, continued to dominate smartphone exports.
- India has become the second-largest mobile phone manufacturer in the world, reflecting the success of the government’s manufacturing-focused policies.
Mobile Production More Than Doubled
The country’s mobile phone production has recorded substantial growth under the PLI initiative:
- FY 2019-20: ₹2.14 lakh crore
- FY 2024-25: ₹5.5 lakh crore
This represents more than a two-fold increase in domestic mobile phone manufacturing within five years.
Exports Register Eight-Fold Growth
India’s mobile phone exports have also surged dramatically:
- FY 2019-20: ₹27,000 crore
- FY 2024-25: ₹2 lakh crore
The nearly eight-fold increase highlights India’s growing competitiveness in the global smartphone supply chain.
From Importer to Net Exporter
The government noted that India has transformed from being a mobile phone importer in 2014 into a net exporter, driven by policy reforms, improved manufacturing infrastructure, and global investments.
Today, the country has more than 300 operational mobile manufacturing units, producing devices for both domestic consumption and international markets.
The newly approved PLI Scheme 2.0 is expected to further strengthen India’s electronics manufacturing ecosystem, attract fresh investments, enhance value addition, deepen the domestic supply chain, create employment opportunities, and consolidate India’s position as a leading global smartphone manufacturing destination.
