Daily Current Affairs / Union Cabinet Approves Mobile Phone Manufacturing Scheme (MPMS):
Category : National Published on: July 21 2026
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Mobile Phone Manufacturing Scheme (MPMS) with a total budgetary allocation of ₹62,500 crore. During the scheme period, India's cumulative mobile phone production is projected to reach approximately ₹39,00,000 crore, along with a significant rise in mobile phone exports. The initiative is also expected to create nearly 60,000 direct employment opportunities, strengthen economic growth, and further establish India as a global hub for electronics manufacturing.
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