New PLI puts Indian mobile brands in focus

Three Indian companies could launch indigenously designed mobile phones within the next 10-14 months as the government seeks to create a domestic mobile brand ecosystem alongside the large-scale manufacturing base built in India by global smartphone companies.

Union Electronics and IT Minister Ashwini Vaishnaw said on Friday that three players had the potential to bring products to market in about 10-14 months under the Rs 62,500-crore Mobile Phone Manufacturing Scheme (MPMS), which was notified during the day.