Search: Indian brand

August 2026

• 21Aug

  Startup & MSME₹62,500 crore Mobile Phone Manufacturing Scheme notified for FY 2026-27 to FY 2030-31: incentives of 2.25%–5% for manufacturers, 5% plus 3% for Indian brands

  MPMS: ₹62,500 crore, 5 yearsNew facility

  The Ministry of Electronics and IT has notified the Mobile Phone Manufacturing Scheme with an outlay of ₹62,500 crore for FY 2026-27 to FY 2030-31. Target Segment 1 gives manufacturers an incentive of 2.25% to 5%; Target Segment 2 gives Indian brands 5% plus 3% for Indian design and R&D. Up to 1.5% more is available for domestic sourcing of key components.