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

Ashwini Vaishnaw

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31,542 次观看 • 9 天前 •via 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: 👇 🔹MPMS scheme aims at building Indian brands to achieve technological sovereignty, capture large economic value and create Indian patents in design and R&D. 🔹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 3% incentive on Eligible Sales for design and R&D of the product. #CabinetDecisions Ministry of Electronics & IT

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: 👇 🔹MPMS scheme aims at building Indian brands to achieve technological sovereignty, capture large economic value and create Indian patents in design and R&D. 🔹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 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 ₹ 62,500 crore has been allocated for the Mobile Phone Manufacturing Scheme (MPMS) Under the Mobile Phone Manufacturing Scheme (MPMS), cumulative production of approximately ₹39 lakh crore is projected. During the same period, cumulative exports are expected to increase from approximately ₹7.5 lakh crore to ₹15 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

A budgetary outlay of ₹ 62,500 crore has been allocated for the Mobile Phone Manufacturing Scheme (MPMS) Under the Mobile Phone Manufacturing Scheme (MPMS), cumulative production of approximately ₹39 lakh crore is projected. During the same period, cumulative exports are expected to increase from approximately ₹7.5 lakh crore to ₹15 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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𝐈𝐧𝐝𝐢𝐚 𝐰𝐚𝐬 𝐨𝐧𝐜𝐞 𝐭𝐡𝐞 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝐨𝐟 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝. 𝐍𝐨𝐰, 𝐮𝐧𝐝𝐞𝐫 𝐏𝐌 𝐌𝐨𝐝𝐢, 𝐢𝐭 𝐢𝐬 𝐫𝐞𝐜𝐥𝐚𝐢𝐦𝐢𝐧𝐠 𝐢𝐭𝐬 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡. 🏭 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. 📱 Electronics production: ~$31 bn → ~$133 bn 📲 99%+ of mobile phones sold in India now made domestically 🏭 Mobile manufacturing units: 2 → 300+ 🛡️ Defence production: ~₹1.51 lakh crore in FY25 💻 10 approved semiconductor projects across 6 states 📈 Overall exports: ~$825 bn in FY25 𝐖𝐚𝐭𝐜𝐡 𝐡𝐨𝐰 𝐏𝐌 𝐌𝐨𝐝𝐢’𝐬 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐩𝐮𝐬𝐡 𝐢𝐬 𝐫𝐞𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐛𝐫𝐢𝐝𝐠𝐞 𝐟𝐫𝐨𝐦 𝐟𝐚𝐫𝐦𝐬 𝐭𝐨 𝐟𝐚𝐜𝐭𝐨𝐫𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐧𝐠 𝐁𝐡𝐚𝐫𝐚𝐭 𝐰𝐢𝐭𝐡 𝐢𝐭𝐬 𝐡𝐢𝐬𝐭𝐨𝐫𝐢𝐜 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡.

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