{
  "id": 2540190,
  "title": "How India’s new Rs 62,500-crore smartphone manufacturing scheme will work",
  "url": "https://urgent.news/2026/08/22/how-indias-new-rs-62-500-crore-smartphone-manufacturing-scheme-will",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-22T08:44:25.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/explained/explained-economics/how-smartphone-manufacturing-scheme-will-work-10844731/"
  },
  "original_language": "en",
  "account": "India's newly announced Rs 62,500-crore smartphone manufacturing scheme aims to address two key challenges in the country's electronics industry: maintaining growth after the current PLI scheme ends, and developing an indigenous smartphone brand capable of competing with foreign companies. This five-year program, running from FY 2026-27 to FY 2030-31, has been divided into two tracks. The first track continues the support for large-scale manufacturers and EMS companies, while the second track specifically targets Indian smartphone brands. The scheme encourages component sourcing from within India and emphasizes the importance of domestic intellectual property, management control, design, and R&D capabilities for Indian brands.",
  "summary": null,
  "key_points": [
    "Rs 62,500-crore smartphone manufacturing scheme launched",
    "Five-year program runs from FY 2026-27 to FY 2030-31",
    "Tracks support large-scale manufacturers and Indian smartphone brands"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}