India, Nov. 13 -- The government's incentive scheme for mobile phones has been one of the most efficient of all production-linked incentive (PLI) schemes, NITI Aayog said in a report released on Thursday.

The report, prepared with the Indian Institute of Management, Ahmedabad, also said the PLI scheme for IT hardware, which covers laptops, tablets, PCs and servers, is still in its early stages, following a failed first version and a redesign that cost "valuable time". It reviewed 14 PLI schemes up to March 2026.

The large-scale electronics scheme is one of only four sectors rated "on track" on all four measures - investment, production, jobs and exports. It brought in Rs.20,580 crore of investment and production worth Rs.11.61 lakh cror...