New Delhi, July 16 (IANS) Recent Cabinet approvals for the Semicon 2.0 and the Mobile Phone Manufacturing Scheme (MPMS) mark a shift from assembly‑led growth to building a full semiconductor value chain and could collectively create over 3.6 lakh jobs, industry bodies have said.Semicon 2.0 could attract $40–50 billion in fresh investment and create 2–3 lakh high‑skilled jobs, while MPMS could nearly double cumulative production to about Rs 39 lakh crore and cumulative exports to about Rs…
Latest Mobile Phone Manufacturing Scheme News & Updates
New Delhi, July 15 (IANS) The Union Cabinet — chaired by Prime Minister Narendra Modi — on Wednesday approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore to scale up domestic production, boost exports and strengthen India’s position as a global electronics manufacturing hub.The scheme — which will run for five years from FY2026-27 to FY2030-31 — aims to strengthen supply chain resilience, enhance global competitiveness and encourage the development…