Electronic firms seek PLI 2.0, eye 30–35% share in global mobile production by FY31

India's electronics industry is seeking continued government support with a proposed PLI 2.0 scheme to boost mobile production and exports. Aiming to capture 30-35% of global mobile output by FY31, the industry projects annual manufacturing to reach $110-130 billion. This expansion hinges on sustained incentives to maintain competitiveness against China.

By TOI BUSINESS DESK