PoliticsGadgets 360
Cabinet Approves Mobile Phone Manufacturing Scheme With Rs. 62,500 Crore Budget to Scale Domestic Production
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Union Cabinet approves Mobile Phone Manufacturing Scheme with Rs. 62,500 crore budget.
Scheme aims to scale domestic phone production, deepen value addition, and strengthen supply chains.
Government will provide incentives of 2.25% to 5% on eligible sales in India.
MeitY announced the scheme on Wednesday, citing improved global competitiveness.
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