Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

Semiconductor ecosystem: Made in India and designed for India

The government’s new Rs 62,500 crore mobile manufacturing scheme, notified recently, recognises that India’s electronics ambitions cannot be built on manufacturing alone. Spread over five years, the scheme aims to increase mobile phone manufacturing in the country and nurture Indian mobile phone brands. That second objective is particularly important.

After earlier Production Linked Incentive (PLI) schemes boosted a lot of global manufacturing, the new initiative explicitly supports Indian mobile brands, signalling a decisive shift from assembling products for others to building globally competitive desi brands. Even China first started assembling devices for global companies before creating brands such as Xiaomi, Oppo, Vivo, and Huawei.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.