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PRERNA FOR IAS
Mehnat Aapki, Guidance Humari
Roz ki Prelims Practice — Experts ke Saath
Mobile Phone Manufacturing Scheme (MPMS) — 2026
Context: The Ministry of Electronics and Information Technology (MeitY) notified the Mobile Phone Manufacturing Scheme (MPMS) on 21 August 2026 with a total budgetary outlay of ₹62,500 crore. The Union Cabinet had approved the scheme on 15 July 2026. It will operate for five years, from FY 2026–27 to FY 2030–31.
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MPMS 2026 offers ₹62,500 crore in incentives for mobile phone manufacturing with 2.25-5% rates on sales, promoting domestic value addition and supply-chain resilience through 2030-31.
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