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Indian electronic firms seek PLI 2.0, eye 30-35% share in global mobile production by FY31

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With the production-linked incentive (PLI) scheme now over, India’s electronics industry has pitched a fresh expansion plan, seeking continued government support as it eyes a strong jump in manufacturing and exports over the next five years. During discussions with the ministry of electronics and IT (MeitY), the industry said that by FY31, India could capture 30–35% of global mobile production. This would take annual output to $110–130 billion, with exports estimated at $55–70 billion. At present, according to ET, India accounts for about 15% of global mobile phone production, with manufacturing output exceeding $64 billion. Industry executives said the current…

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