Smartphone PLI disbursals reach Rs 19,090 crore as India shifts focus to local components

India’s smartphone PLI scheme disbursed Rs 19,090 crore against Rs 20,580 crore in cumulative investment, supporting Rs 11.62 lakh crore in production and sales. New mobile and electronics component schemes aim to lift domestic sourcing, R&D and value addition.

— Source publishedSun, 27 Sept, 2026, 17:48 IST·First seen Sun, 27 Sept, 2026, 18:21 IST·Source Financial Express · BrandWagon

What happened

Government of India · India’s smartphone PLI scheme disbursed Rs 19,090 crore against Rs 20,580 crore investment before ending in March 2026. New MPMS and ECMS

Key facts

  • Rs 20,580 crore cumulative investment
  • Rs 19,090 crore incentives disbursed
  • Rs 11.62 lakh crore production and sales
  • 1.67 lakh direct and indirect jobs
  • Rs 62,500 crore MPMS outlay

What changed

India’s smartphone PLI scheme disbursed Rs 19,090 crore against Rs 20,580 crore investment before ending in March 2026. New MPMS and ECMS programmes aim to deepen local sourcing, component manufacturing, R&D and value addition, including incentives for Indian mobile-phone brands.

Why this matters

India’s shift from smartphone assembly incentives to components and local sourcing should strengthen domestic supply chains, improve availability and create room for Indian electronics brands to compete on value and margins.

What to watch

  • Final eligibility rules, incentive rates and localization thresholds under the new component schemes.
  • Announced investments in display, semiconductor packaging, camera, battery-cell, PCB and passive-component capacity.
  • Evidence of higher domestic value addition in audited PLI production data rather than only higher handset assembly volumes.
  • Supplier qualification wins from major OEMs such as Apple, Samsung, Xiaomi, Oppo, Vivo and Indian brands.
  • Changes in handset ASPs, entry-tier pricing and gross margins as localized components scale.

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