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Sunday, July 19 2026 | 10:10:12 AM
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Beyond Assembly: How the ₹62,500 Crore MPMS Set to Shift India from ‘Made’ to ‘Designed’ in India

Detailed comparison infographic mapping out the base sales incentives, domestic component bonuses, and design outlays between India's old PLI framework and the new MPMS policy.

New Delhi. Saturday, 18 July 2026 India’s trajectory in electronics manufacturing reached a defining milestone when the Production Linked Incentive for Large Scale Electronics Manufacturing (PLI-LSEM) officially concluded on March 31, 2026. While the PLI scheme successfully elevated the country to the world’s second-largest smartphone manufacturer by volume—and turned smartphones …

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