Centre weighs new or extended mobile PLI as 2020 scheme window closes
The Indian government is reviewing a fresh or extended Production-Linked Incentive scheme for mobile phone manufacturing as the original 2020 PLI window expires. The move aims to lock in India's smartphone hub status and push global majors like Apple and Samsung to deepen local component production over the coming months.
What happened
Government of India · Centre is considering a new or extended Production-Linked Incentive scheme for mobile phone manufacturing as the 2020 PLI window closes,
Why this matters
Scheme uncertainty creates a tactical M&A window in Indian component suppliers before PLI 2.0 terms are finalized and valuations reset upward.