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๐Ÿ“ฒ Mobile Phone Manufacturing Scheme (MPMS) will focus on improving competitiveness, achieving scale, increasing domestic value addition and building Indian mobile brand.

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Ashwini Vaishnaw

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31,542 views โ€ข 8 days ago โ€ขvia X (Twitter)

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MPMS: A Major Push for Mobile Phone Manufacturing in India To further scale up the production, deepen domestic value addition, strengthen supply chain resilience, enhance global competitiveness, #Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore. A look at the key features: ๐Ÿ‘‡ ๐Ÿ”นMPMS scheme aims at building Indian brands to achieve technological sovereignty, capture large economic value and create Indian patents in design and R&D. ๐Ÿ”นScheme also provides additional incentive of up to 1.5% linked to domestic sourcing of key components/ sub-assemblies. ๐Ÿ”นFor building Indian brands, an additional 3% incentive on Eligible Sales for design and R&D of the product. #CabinetDecisions Ministry of Electronics & IT
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MPMS: A Major Push for Mobile Phone Manufacturing in India To further scale up the production, deepen domestic value addition, strengthen supply chain resilience, enhance global competitiveness, #Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore. A look at the key features: ๐Ÿ‘‡ ๐Ÿ”นMPMS scheme aims at building Indian brands to achieve technological sovereignty, capture large economic value and create Indian patents in design and R&D. ๐Ÿ”นScheme also provides additional incentive of up to 1.5% linked to domestic sourcing of key components/ sub-assemblies. ๐Ÿ”นFor building Indian brands, an additional 3% incentive on Eligible Sales for design and R&D of the product. #CabinetDecisions Ministry of Electronics & IT

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A budgetary outlay of โ‚น 62,500 crore has been allocated for the Mobile Phone Manufacturing Scheme (MPMS) Under the Mobile Phone Manufacturing Scheme (MPMS), cumulative production of approximately โ‚น39 lakh crore is projected. During the same period, cumulative exports are expected to increase from approximately โ‚น7.5 lakh crore to โ‚น15 lakh crore In addition, the scheme is expected to generate 60,000 direct jobs. It is also expected to create a large number of indirect employment opportunities - Union Minister Ashwini Vaishnaw #CabinetDecisions
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A budgetary outlay of โ‚น 62,500 crore has been allocated for the Mobile Phone Manufacturing Scheme (MPMS) Under the Mobile Phone Manufacturing Scheme (MPMS), cumulative production of approximately โ‚น39 lakh crore is projected. During the same period, cumulative exports are expected to increase from approximately โ‚น7.5 lakh crore to โ‚น15 lakh crore In addition, the scheme is expected to generate 60,000 direct jobs. It is also expected to create a large number of indirect employment opportunities - Union Minister Ashwini Vaishnaw #CabinetDecisions

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๐ˆ๐ง๐๐ข๐š ๐ฐ๐š๐ฌ ๐จ๐ง๐œ๐ž ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ค๐ฌ๐ก๐จ๐ฉ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ฅ๐. ๐๐จ๐ฐ, ๐ฎ๐ง๐๐ž๐ซ ๐๐Œ ๐Œ๐จ๐๐ข, ๐ข๐ญ ๐ข๐ฌ ๐ซ๐ž๐œ๐ฅ๐š๐ข๐ฆ๐ข๐ง๐  ๐ข๐ญ๐ฌ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ฌ๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก. ๐Ÿญ For decades, restrictive policies, the Licence Raj and missed opportunities held Indian industry back. Since 2014, the focus has shifted towards building at scale, attracting investment and strengthening domestic production. ๐Ÿ“ฑ Electronics production: ~$31 bn โ†’ ~$133 bn ๐Ÿ“ฒ 99%+ of mobile phones sold in India now made domestically ๐Ÿญ Mobile manufacturing units: 2 โ†’ 300+ ๐Ÿ›ก๏ธ Defence production: ~โ‚น1.51 lakh crore in FY25 ๐Ÿ’ป 10 approved semiconductor projects across 6 states ๐Ÿ“ˆ Overall exports: ~$825 bn in FY25 ๐–๐š๐ญ๐œ๐ก ๐ก๐จ๐ฐ ๐๐Œ ๐Œ๐จ๐๐ขโ€™๐ฌ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ฉ๐ฎ๐ฌ๐ก ๐ข๐ฌ ๐ซ๐ž๐›๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐ญ๐ก๐ž ๐œ๐ซ๐ฎ๐œ๐ข๐š๐ฅ ๐›๐ซ๐ข๐๐ ๐ž ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐š๐ซ๐ฆ๐ฌ ๐ญ๐จ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ข๐ž๐ฌ, ๐š๐ง๐ ๐ซ๐ž๐œ๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ง๐  ๐๐ก๐š๐ซ๐š๐ญ ๐ฐ๐ข๐ญ๐ก ๐ข๐ญ๐ฌ ๐ก๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ฌ๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก.
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๐ˆ๐ง๐๐ข๐š ๐ฐ๐š๐ฌ ๐จ๐ง๐œ๐ž ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ค๐ฌ๐ก๐จ๐ฉ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ฅ๐. ๐๐จ๐ฐ, ๐ฎ๐ง๐๐ž๐ซ ๐๐Œ ๐Œ๐จ๐๐ข, ๐ข๐ญ ๐ข๐ฌ ๐ซ๐ž๐œ๐ฅ๐š๐ข๐ฆ๐ข๐ง๐  ๐ข๐ญ๐ฌ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ฌ๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก. ๐Ÿญ For decades, restrictive policies, the Licence Raj and missed opportunities held Indian industry back. Since 2014, the focus has shifted towards building at scale, attracting investment and strengthening domestic production. ๐Ÿ“ฑ Electronics production: ~$31 bn โ†’ ~$133 bn ๐Ÿ“ฒ 99%+ of mobile phones sold in India now made domestically ๐Ÿญ Mobile manufacturing units: 2 โ†’ 300+ ๐Ÿ›ก๏ธ Defence production: ~โ‚น1.51 lakh crore in FY25 ๐Ÿ’ป 10 approved semiconductor projects across 6 states ๐Ÿ“ˆ Overall exports: ~$825 bn in FY25 ๐–๐š๐ญ๐œ๐ก ๐ก๐จ๐ฐ ๐๐Œ ๐Œ๐จ๐๐ขโ€™๐ฌ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ฉ๐ฎ๐ฌ๐ก ๐ข๐ฌ ๐ซ๐ž๐›๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐ญ๐ก๐ž ๐œ๐ซ๐ฎ๐œ๐ข๐š๐ฅ ๐›๐ซ๐ข๐๐ ๐ž ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐š๐ซ๐ฆ๐ฌ ๐ญ๐จ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ข๐ž๐ฌ, ๐š๐ง๐ ๐ซ๐ž๐œ๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ง๐  ๐๐ก๐š๐ซ๐š๐ญ ๐ฐ๐ข๐ญ๐ก ๐ข๐ญ๐ฌ ๐ก๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ฌ๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก.

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I know the focus this week is on the Spring Statement but we still need the atrocious mobile phone coverage fixed in Godalming and Ash - see my recent question to the minister below
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