importantSYS.SOURCE: TechCrunch• 2026-07-15T14:39:52Z

India's $6.5 Billion Smartphone Manufacturing Incentive Scheme Aims to Reduce Reliance on China

#smartphone manufacturing #semiconductors #supply chain #policy #india

India launched a ₹625 billion smartphone manufacturing incentive scheme and expanded semiconductor investments to reduce reliance on Chinese supply chains, aiming to shift from assembly-based manufacturing to local value capture. The policy includes component sourcing incentives, domestic brand development support, and targets increasing India's global smartphone production share to 35-40% by 2031.

New Delhi announced a $6.5 billion smartphone manufacturing program and a $13.3 billion semiconductor push to deepen India's electronics supply chain.

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