India is the world's second-largest mobile phone maker by volume. The next step is increasing value through components, design and technology
The ₹62,500 crore MPMS rewards production, domestic sourcing, product design and R&D to deepen value addition
Assembly creates jobs, but bigger gains come from components, software, intellectual property and advanced technology
India's electronics trade deficit hit $68.17 billion in 2025-26, underscoring the need for stronger domestic component production
Subsidies alone are not enough. Infrastructure, skilled talent, policy certainty and innovation are equally critical
Success will depend on higher value addition, competitive component makers, stronger IP and global supply chain integration