Vaishnaw Supports Mobile PLI Scheme with Rs 25,000 Crore Tax Revenue
India's mobile phone manufacturing sector has contributed Rs 25,000 crore in direct taxes and Rs 3,000 crore in GST. Union Minister Ashwini Vaishnaw announced the Mobile Phone Manufacturing Scheme for FY 2026-27 to FY 2030-31, allocating Rs 62,500 crore to boost production, increase domestic sourcing, and support Indian mobile brands with incentives. The sector also generated 12 lakh jobs.
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