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Cabinet okays Rs 62,500 crore Mobile Phone Manufacturing Scheme

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  1. Union Cabinet approved the Mobile Phone Manufacturing Scheme with a Rs 62,500 crore outlay.

  2. Scheme targets Rs 39 lakh crore in mobile production from FY 2026-31.

  3. It aims to boost mobile phone exports from India.

  4. The scheme is expected to create 60,000 jobs.

  5. Goal is to enhance India's role in global mobile phone manufacturing.

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Rajeev Chandrasekhar

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