Mobile manufacturing scheme may deepen Indian brands’ tech capabilities
The Rs 62,500 crore Mobile Phone Manufacturing Scheme promotes Indian brands to focus on R&D, design, and domestic sourcing, boosting technology capabilities and IP development in the smartphone sector.
Unlike the earlier production-linked incentive (PLI) scheme, which was largely focused on manufacturing scale and exports, MPMS makes design and R&D an explicit part of the incentive structure. “We expect the Indian-brand track to enable 2-3 companie... [2484 chars]