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Government plans to invest in make in India for mobile phones

March 03, 2020

Government plans to invest in make in India for mobile phones

For period of five years government plans to invest Rs 42000 crore in make in India for local mobile phone manufacturers and they will 4 to 6 % of benefit on sales.

Companies manufacturing and selling mobile phones such as Apple, Samsung, Micromax, Lava, Karbonn will get benefit from this scheme.

The Scheme will help to generate 2 lakh jobs in India and it will increase sales. Make in India scheme will help the country to become a global manufacturing hub.

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