PLI 2.0 calls ring louder: India eyes 35% global mobile output, $130 billion production

New Delhi: The electronics industry has told the government that India can capture 30-35% of global mobile phone production over the next five years, with annual output of $110-130 billion and exports of $55-70 billion.

The industry is in talks with the ministry of electronics and IT (MeitY) on a proposed smartphone production-linked incentive (PLI) 2.0 scheme, likely to run from 2026 to 2031, executives said.