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Moneycontrol.com·1 min read·medium

Cabinet okays mobile phone manufacturing scheme with outlay of Rs 62,500 crore

Cabinet okays mobile phone manufacturing scheme with outlay of Rs 62,500 crore
AI Summary

The Indian Union Cabinet has approved a new mobile phone manufacturing scheme with an outlay of Rs 62,500 crore. This initiative serves as a successor to the previous Mobile Phone PLI 1.0 program to further incentivize electronics production.

The Union Cabinet on Wednesday approved a mobile phone manufacturing scheme with an outlay of Rs 62,500 crore to boost electronics manufacturing. This scheme is a follow on to the Mobile Phone PLI 1.0 that had an outlay of Rs 40,000 crore. During a m... [1379 chars]

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