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Government likely to roll out mobile PLI 2.0 with outlay of over $5 billion by May

Posted on April 15, 2026
By Business News Today
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Government likely to roll out mobile PLI 2.0 with outlay of over $5 billion by May

India is set to introduce a new production-linked incentive scheme for mobile phone exports by May. This initiative will have an outlay exceeding USD 5 billion. The goal is to significantly boost the country's mobile phone exports. Discussions are ongoing with the finance ministry for final cabinet approval. This aims to double mobile phone exports from India.