India’s mobile phone manufacturing sector has generated Rs 25,000 crore in direct tax collections and Rs 3,000 crore in GST. Union minister Ashwini Vaishnaw announced new schemes to further enhance production and strengthen global supply chains. The Mobile Phone Manufacturing Scheme will operate from FY 2026-27 to FY 2030-31, with Rs 62,500 crore allocated. It aims to increase domestic sourcing and support Indian mobile brands through incentives. India’s mobile phone manufacturing sector has generated Rs 25,000 crore in direct tax collections and Rs 3,000 crore in GST. Union minister Ashwini Vaishnaw announced new schemes to further enhance production and strengthen global supply chains. The Mobile Phone Manufacturing Scheme will operate from FY 2026-27 to FY 2030-31, with Rs 62,500 crore allocated. It aims to increase domestic sourcing and support Indian mobile brands through incentives.
Trending
- No water in washrooms, family forced to get off train; Railways to pay Rs 16k
- Justin Jefferson raises $45k for cancer, gifts 7-year-old Super Bowl tickets
- South African athlete crosses 600 monkey bars 216m above river in 47 minutes
- Jio makes strong debut at 21% premium to become India’s second-most valuable firm
- Prayagraj’s cultural, literary legacy celebrated at JNU festival
- Hit-and-run: Kochi police commissioner transferred after crash involving judge’s son
- Lauren Sanchez Bezos Bezos-backed fund gives $4.8 million to 48 climate projects
- Indiana couple paid contractor with cheques and a truck; backyard trusses led to $82,020 liability