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Smartphone PLI payouts match investments

Posted on September 27, 2026
By Financial Express
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1 min read

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Smartphone PLI payouts match investments

Companies under the Large Scale Electronics Manufacturing PLI scheme received ₹19,090 crore in incentives on ₹20,580 crore investments. Generating ₹11.62 lakh crore in output, the sector now shifts focus to domestic component sourcing and new supply chain initiatives.