The above chart is indicative of the robust growth and employment generation by electronic manufacturing in India, which has led to lower imports and higher exports.

Ashwini Vaishnaw, Union Minister, on Wednesday said that the government had managed to collect a total of ₹3.25 lakh crore from the mobile phone industry in taxes. This was much higher as compared to the ₹19,000 crore allotted through Mobile Production-Linked Incentive (PLI). He responded to media criticism questioning the government's efforts to promote electronics manufacturing.

Vaishnaw shared data on X, stating that the government provided incentives worth ₹19,000 crore under the scheme. In return, beneficiaries received ₹25,000 crore in direct taxes and ₹3 lakh crore in Goods and Services Tax (GST).

He stated that electronics manufacturing employs 2.5 million people, with mobile phone manufacturing alone employing 1.2 million. The minister's statement came in response to a media opinion video that highlighted the shortcomings of India's efforts to boost electronics manufacturing through subsidies.

According to official data shared by the government in March, India exported mobile phones worth ₹2 lakh crore in fiscal year 2025. Mobile phone imports into the country have become almost negligible, accounting for approximately 0.02 percent of domestic demand in 2024-25, compared to 75 percent 10 years ago. These figures indicate a significant increase in mobile phone production and exports in the country.

Electronic goods production has increased sixfold, from approximately ₹1.9 lakh crore in 2014-15 to approximately ₹11.3 lakh crore in 2024-25. Mobile phone production has also increased from approximately ₹0.18 lakh crore to approximately ₹5.5 lakh crore during the same period. Electronic goods exports have also increased eightfold, from ₹0.38 lakh crore 10 years ago to approximately ₹3.3 lakh crore in 2024-25. These figures reflect the robust growth of the country's manufacturing sector.

The government has now launched the Mobile Phone Manufacturing Scheme (MPMS). Under this scheme, a total incentive of ₹62,500 crore will be provided to promote local production of devices. The scheme aims to develop Indian smartphones, which will be indigenously designed and manufactured. Vaishnaw has set a deadline of October 2028 to achieve the goal of an Indian smartphone brand.

The above chart is indicative of the robust growth and employment generation by electronic manufacturing in India, which has led to lower imports and higher exports.

Ashwini Vaishnaw, Union Minister, on Wednesday said that the government had managed to collect a total of ₹3.25 lakh crore from the mobile phone industry in taxes. This was much higher as compared to the ₹19,000 crore allotted through Mobile Production-Linked Incentive (PLI). He responded to media criticism questioning the government's efforts to promote electronics manufacturing.

Vaishnaw shared data on X, stating that the government provided incentives worth ₹19,000 crore under the scheme. In return, beneficiaries received ₹25,000 crore in direct taxes and ₹3 lakh crore in Goods and Services Tax (GST).

He stated that electronics manufacturing employs 2.5 million people, with mobile phone manufacturing alone employing 1.2 million. The minister's statement came in response to a media opinion video that highlighted the shortcomings of India's efforts to boost electronics manufacturing through subsidies.

According to official data shared by the government in March, India exported mobile phones worth ₹2 lakh crore in fiscal year 2025. Mobile phone imports into the country have become almost negligible, accounting for approximately 0.02 percent of domestic demand in 2024-25, compared to 75 percent 10 years ago. These figures indicate a significant increase in mobile phone production and exports in the country.

Electronic goods production has increased sixfold, from approximately ₹1.9 lakh crore in 2014-15 to approximately ₹11.3 lakh crore in 2024-25. Mobile phone production has also increased from approximately ₹0.18 lakh crore to approximately ₹5.5 lakh crore during the same period. Electronic goods exports have also increased eightfold, from ₹0.38 lakh crore 10 years ago to approximately ₹3.3 lakh crore in 2024-25. These figures reflect the robust growth of the country's manufacturing sector.

The government has now launched the Mobile Phone Manufacturing Scheme (MPMS). Under this scheme, a total incentive of ₹62,500 crore will be provided to promote local production of devices. The scheme aims to develop Indian smartphones, which will be indigenously designed and manufactured. Vaishnaw has set a deadline of October 2028 to achieve the goal of an Indian smartphone brand.