Ashwini Vaishnaw Says Mobile PLI Scheme Generated ₹3.25 Lakh Crore in Taxes

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.