The recently notified Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) could encourage Indian brands to build greater technology and intellectual property capabilities, industry executives said. <\/p>\n
Unlike the earlier production-linked incentive (PLI) scheme, which was largely focused on manufacturing scale and exports, MPMS makes design and R&D an explicit part of the incentive structure. \u201cWe expect the Indian-brand track to enable 2-3 companies to come up in this scheme,\u201d Pankaj Mohindroo, chairman, India Cellular and Electronics Association (ICEA), said, referring to the requirement that the brand be incorporated in India and undertake R&D and design in-house in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
The recently notified Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) could encourage Indian brands to build greater technology and intellectual property capabilities, industry executives said. Unlike the earlier production-linked incentive (PLI) scheme, which was largely focused on manufacturing scale and exports, MPMS makes design and R&D an explicit part of the incentive structure. \u201cWe expect the Indian-brand track to enable 2-3 companies to come up in this scheme,\u201d Pankaj Mohindroo, chairman, India Cellular and Electronics Association (ICEA), said, referring to the requirement that the brand be incorporated in India and undertake R&D and design in-house in the country.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,64,12],"tags":[],"class_list":["post-1031166","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031166"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031166\/revisions"}],"predecessor-version":[{"id":1031191,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031166\/revisions\/1031191"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}