Context: The Union Cabinet has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore for five years (FY 2026–27 to FY 2030–31). The scheme aims to boost domestic value addition, strengthen supply chains, promote Indian brands, and enhance India’s global competitiveness in mobile phone manufacturing.
Explanation
- Mobile Phone Manufacturing Scheme (MPMS) succeeds the PLI Scheme for Large Scale Electronics Manufacturing (PLI-LSEM) to accelerate electronics manufacturing.
- It provides production-linked incentives on eligible sales, higher incentives for domestic sourcing of components, and additional support for design and R&D to develop Indian brands.
- The scheme promotes Make in India, Atmanirbhar Bharat, technological sovereignty, and integration into Global Value Chains (GVCs).
- It seeks to increase exports, generate employment, deepen domestic value addition, and strengthen India’s electronics manufacturing ecosystem.
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.
FOLLOW US ON:
◉ YouTube : https://www.youtube.com/@CivilsPrepTeam
◉ Facebook: https://www.facebook.com/LaExcellenceIAS
◉ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040