The production-linked incentive scheme to promote domestic mobile phone manufacturing has received investment more than double the target, which was Rs 17,519 crore, Jitin Prasad, Minister of State for Electronics and IT, told Parliament on Wednesday. The total production was 36 percent more than the target, which was Rs 8.12 lakh crore. Data shared by the Minister of State for Electronics and IT shows that smartphones worth Rs 2.62 lakh crore (about US $ 28 billion) were exported in 2025. Prasad said in a written reply that from being an importer of mobile phones in 2014, India has now become a net exporter. More than 300 mobile manufacturing units are operational in our country. Smartphones have emerged as India’s most exported item in CY (calendar year) 2025.
What is the total export under LSEM?
The data shared by the minister, which is based on the achievements of the Production-Linked Incentive (PLI) Scheme for Large-Scale Electronics Manufacturing (LSEM) till February 2026, shows that total exports under the scheme have crossed Rs 6.2 lakh crore. This is 27 percent more than the target of Rs 4.87 lakh crore set under this scheme. However, the scheme has fallen short of the employment generation targets set by the government. It could generate only 1.85 lakh jobs, which is 8 percent less than the target of 2 lakh jobs envisaged by the government under this scheme. Prasad said that 32 beneficiary companies have been approved under this scheme. So far, incentives worth Rs 15,473 crore have been distributed under this scheme.
How much investment in ECMS?
Talking about PLI for IT hardware, Prasad said a total cumulative production of Rs 18,863.1 crore, cumulative investment of Rs 872.16 crore and cumulative employment of 5,039 (direct jobs) have been achieved under the scheme by February 2026. The minister said that the government has launched the Electronics Components Manufacturing Scheme to further deepen the supply chain ecosystem in the country and develop a strong electronics components ecosystem.
He said that so far 260 applications have been received under ECMS, in which the expected investment commitment is estimated to be about Rs 1.18 lakh crore. He said that till date, 75 applications have been approved in 12 states under the ECMS scheme. From this [इतने] It is expected to attract investment worth Rs 61,671 crore and create 65,040 jobs. Prasad said that many companies approved under ECMS have entered into technology partnerships/joint ventures (JVs) with global electronics manufacturing companies from Korea, Taiwan, Japan, China, Singapore and Malaysia etc.
The scheme was started in 2020
He said that ‘Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors’ (SPECS) was launched on April 1, 2020 to overcome the problems faced in domestic manufacturing of electronic components and semiconductors. A total of 58 applications have been approved under this scheme, whose total project cost is Rs 22,080.78 crore.
The minister said that till February 2026, SPECS has led to a total investment of Rs 18,609 crore and a total of 64,443 people have got employment. He said that due to the government’s efforts to promote electronics manufacturing, local production has increased five times from 2014-15 to 2024-25 and exports in this sector have increased eight times.