Government Eyes to Launch Mobile PLI 2.0 with Over $5 Billion Outlay by May

As per PTI report, the Government is preparing a second phase of the Production-Linked Incentive (PLI) scheme for mobile phones, with an outlay of over $5 billion, or about ₹46,000 crore. The rollout is expected by May, subject to approvals. 

The Ministry of Electronics and IT is holding discussions with the finance ministry. The proposal is likely to be taken to the Union Cabinet after these consultations are completed. 

Policy Direction 

The new phase is expected to place greater weight on exports. Officials indicated that the scheme is being structured to increase outbound shipments of mobile phones from India. 

The target under consideration is to double exports. Final contours, including incentive structure, will depend on the approved outlay. 

Earlier Scheme Background 

The first phase was introduced in 2020 under the Scheme for Large Scale Electronics Manufacturing. It had an outlay of ₹40,995 crore, or about $5.7 billion at the time. 

The scheme was aimed at increasing domestic manufacturing and attracting global smartphone makers to set up production in India. 

Export Performance 

Exports of mobile phones have increased over the duration of the scheme. In 2025, shipments were valued at ₹2.62 lakh crore, or around $28 billion. 

Cumulative exports under the scheme crossed ₹6.2 lakh crore by February 2026. This is about 27% higher than the initial target of ₹4.87 lakh crore. 

Employment Outcome 

Employment generation has been lower than projected. Around 1.85 lakh jobs have been created under the scheme so far. 

The initial target was 2 lakh jobs, indicating a gap of roughly 8% based on official data. 

Read More: Lakhpati Bitiya Yojana: Delhi Govt Launches Initiative for Girls Education Support! 

Conclusion 

The second phase is expected to continue the export-led approach, with details to be finalised after cabinet approval and allocation of funds. 

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