India, Aug. 21 -- The Government of India has issued a release:
The Ministry of Electronics and Information Technology (MeitY) has notified the Mobile Phone Manufacturing Scheme (MPMS), with a budgetary outlay of Rs 62,500 crore. The Scheme aims to increase global competitiveness by further enhancing scale, deepening the mobile manufacturing supply chain through higher Domestic Value Addition (DVA), and strengthening domestic manufacturing capabilities. MPMS will also support Indian mobile phone brands to achieve technological sovereignty, capture greater economic value, and encourage Indian patents in design and R&D, while generating employment.
Union Minister for Electronics and Information Technology Shri Ashwini Vaishnaw said that the...