Centre Doubles Down On Mobile Manufacturing With ₹62,500 Cr Scheme

by · Inc42

SUMMARY

  • Cabinet clears ₹62,500 Cr mobile manufacturing scheme and ₹1.28 Lakh Cr Semicon 2.0
  • The schemes aim to deepen local electronics manufacturing, domestic sourcing and chip capabilities
  • MPMS offers up to 5% incentives, while Semicon 2.0 targets chip design, fabs, packaging and R&D