PLI investment in mobiles, production surpasses target: IT secretary

Investment in mobile phone manufacturing under the PLI scheme as well as production has surpassed the targets, Electronics and IT Secretary S Krishnan said on Wednesday.

Addressing reporters on the completion of 10 years of Make In India initiative, the official said the overall production of electronics in India has increased to Rs 9.52 trillion with an annual compounded growth rate of 17.4 per cent from Rs 1.9 trillion in 2014-15, he said.