The Union Cabinet, chaired by PM Narendra Modi, approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore on 15 July 2026. It succeeds the PLI Scheme for Large Scale Electronics Manufacturing (which ended 31 March 2026) and will run five years (FY27-FY31), offering incentives of 2.25%–5% on eligible sales. The government expects it to generate about ₹39 lakh crore in output and 60,000 jobs.
Key Facts & Details
7 points- 1The Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) with a ₹62,500 crore outlay.
- 2It succeeds the PLI Scheme for Large Scale Electronics Manufacturing (ended 31 March 2026).
- 3The scheme runs for five years, FY2026-27 to FY2030-31.
- 4Incentive support ranges from 2.25% to 5% on eligible mobile-phone sales.
- 5Expected to drive ~₹39 lakh crore output and 60,000 jobs, deepening domestic value addition.
Deep Dive
- +The scheme aims to strengthen supply-chain resilience and support Indian smartphone brands.
- +It builds on India's success in localising mobile-phone assembly under the earlier PLI.
Exam Focus
What is the outlay of the Mobile Phone Manufacturing Scheme approved by the Cabinet in July 2026?
Related Topics
Exam Relevance & Angle
A large Cabinet-cleared manufacturing scheme (name + ₹ outlay + tenure) is a high-yield schemes/economy GA fact.
Target Exams
Background & Context
India's mobile PLI helped make the country a major smartphone producer; the MPMS is the successor framework for the next five years.
Test Yourself
1 / 1The Mobile Phone Manufacturing Scheme (MPMS) approved by the Cabinet in July 2026 has an outlay of:
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