Mobile PLI scheme generated ₹25,000 crore in direct taxes, employs 12 lakh people: Vaishnaw
The government’s mobile phone production-linked incentive (PLI) scheme has generated ₹25,000 crore in direct tax collections against an incentive payout of ₹19,000 crore, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said, highlighting the financial returns and employment generated by India’s mobile manufacturing sector.
In a post on X on Wednesday, Vaishnaw said the government had paid ₹19,000 crore in incentives under the mobile PLI scheme, while direct tax collections stood at ₹25,000 crore and Goods and Services Tax (GST) collections at ₹3,000 crore. “Electronics manufacturing employs 25 Lakh people; mobile manufacturing alone employs 12 Lakh,” the minister said.
