Industry seeks 5 year extension of mobile phone PLI; govt asks them to design locally
By
Binu Mathew
With the smartphone production-linked incentive (PLI) scheme clicking with both manufacturing and exports achieving scale, the government now wants device makers to focus on the design aspect of mobile phones as well to increase the local value addition.
The industry on its part, has urged the government to consider extending the PLI by five years once its current five year tenure ends in 2026. Analysts said that it seems even if the government considers the industry’s demand favourably, it would come with some riders.