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Mobile phone production in the country is expected to reach USD 75 billion, comprising export of over USD 30 billion, by end of the current fiscal year, industry body ICEA said on Monday. India Cellular and Electronics Association Chairman Pankaj Mohindroo told PTI that India delivered strong growth in electronics production, reaching USD 133 billion in 2025, while exports continued to expand sharply. "The Mobile Phone PLI scheme continued through 2025-26, and its impending completion in March 2026 will be another important milestone for the sector. Under this scheme, Indian mobile production scale has grown substantially, and we expect India to reach around USD 75 billion in mobile production with more than USD 30 billion in exports in FY26," he said. ICEA members include Apple, Foxconn, Dixon, Vivo, Oppo, and Lava. Mohindroo said the deepening of the value chain through electronics component manufacturing scheme (ECMS) and semiconductor project approvals met industry expectations
The government has further extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles till March 31. The extension follows the significant response received since the application portal was reopened in August 2025, with proposals being submitted by textile companies across priority areas, including man-made fibre (MMF) apparel, MMF fabrics, and technical textiles, the textile ministry stated. In October, the government had extended the last date for filing fresh applications under the PLI scheme for the textiles sector till December 31, which has now been further extended till March this year. "The decision underscores the growing investor confidence in India's textile sector and aims to facilitate wider participation by offering additional time to eligible applicants," the ministry said. PLI Scheme for Textiles was notified on September 24, 2021 with an objective to promote production of MMF apparel & fabrics and ...