India’s electronics PLI payouts reach ₹19,091 crore, led by phone manufacturing

Large-scale electronics manufacturers have received ₹19,090.98 crore in production-linked incentives up to June, the highest payout across 14 PLI schemes. The programme is supporting domestic smartphone production and exports, with the scheme extended through 2025-26.

— Source publishedSun, 27 Sept, 2026, 20:45 IST·First seen Sun, 27 Sept, 2026, 21:03 IST·Source Times of India · Business

What happened

Government of India · Large-scale electronics manufacturing companies received Rs 19,090.98 crore in PLI incentives up to June this year, the highest among 14

Key facts

  • Rs 19,090.98 crore
  • Rs 20,580.20 crore
  • 14
  • Rs 36,754 crore
  • 2025-26

Why this matters

India’s expanding smartphone manufacturing base could improve device availability, shorten replenishment cycles and support sharper retail pricing in electronics.

What to watch

  • New PLI disbursements, beneficiary lists and applications for the extended 2025-26 period.
  • Announcements of new handset plants, EMS capacity, component facilities and supplier clusters in India.
  • Growth in smartphone exports, particularly shipment value versus unit growth.
  • Changes in domestic handset prices, retail gross margins and promotional funding.
  • Local production progress for displays, camera modules, batteries, semiconductors and other high-value components.