The government may bring PLI 2.0 in May to increase mobile manufacturing and exports.
The present government of the country is making full preparations to make India the mobile hub of the world. The special thing is that the government is soon coming up with another PLI scheme for mobile manufacturing. Sources related to this matter said that the government can start a production-linked incentive scheme by May to promote the export of mobile phones from the country. The budget of this scheme will be 5 billion dollars (about Rs 47,000 crore).
This scheme for Large Scale Electronics Manufacturing (LSEM) was launched in 2020. Its objective was to promote domestic manufacturing of mobile phones in the country. According to the exchange rate of that time, the budget of this scheme was Rs 40,995 crore (about 5.7 billion dollars). LSEM was commonly known as the Production-Linked Incentive (PLI) Scheme for Mobile Phones.
Scheme may come in May
A source told PTI on condition of anonymity that work is underway on PLI 2.0 for mobile phones, the main focus of which is to promote exports. It will be implemented by May. Its budget is expected to be more than 5 billion dollars. Another source said that the Ministry of Electronics and IT is in talks with the Finance Minister regarding the PLI scheme. After this it will be presented before the cabinet for final approval. The source said that our aim is to double the export of mobile phones from India. However, many things will depend on the budget of this scheme.
Mobiles worth Rs 2.62 lakh crore were exported
According to official data, smartphones worth Rs 2.62 lakh crore (about $ 28 billion) were exported in 2025. Apple remained at the forefront of the success of this scheme. By February 2026, total exports under this scheme have crossed Rs 6.2 lakh crore. This is 27 percent more than the target of Rs 4.87 lakh crore set under the scheme. However, this scheme provided employment to 1.85 lakh people. This is 8 percent less than the target of 2 lakh employment set by the government under this scheme.
