The MPMS replaces the five-year production-linked incentive (PLI) scheme for mobile devices, which ended in 2025-26. The new scheme has been tweaked to incentivise exports and push localisation by encouraging vendors to buy components from domestic suppliers. Speaking to Business Standard, Amber Enterprises Chief Executive Officer and Whole-Time Director Jasbir Singh, whose company is one of the largest original design manufacturers/original equipment manufacturers (OEMs) of air conditioners in the country, said, “We are looking into the notification and the fine print to see whether we are eligible for it. If we are, we will surely consider it.” Amber Enterprises, in…