Business3 sources
India's Mobile Manufacturing Sector Generates Significant Tax Revenue and Jobs
- India collected ₹3.25 lakh crore in taxes from mobile manufacturing against ₹19,000 crore mobile PLI.
- Mobile phone exports reached ₹2 lakh crore in fiscal year 2025, with imports dropping to 0.02%.
- The mobile manufacturing sector generated Rs 25,000 crore in direct tax collections and Rs 3,000 crore in GST.
- Union Minister Ashwini Vaishnaw announced new schemes to enhance production and strengthen global supply chains.
- The Mobile Phone Manufacturing Scheme will operate from FY 2026-27 to FY 2030-31, with Rs 62,500 crore allocated.