India Overhauls Smartphone Incentives for Export Growth & Local Production

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India Revamps Smartphone Incentives: Export Push, Localisation Targets Key

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Firstpost•12-03-2026, 12:35

India Revamps Smartphone Incentives: Export Push, Localisation Targets Key

•India prepares new incentives to strengthen its position as a global smartphone manufacturing hub.
•The revamped framework will focus on rewarding companies that export devices and use more locally produced components.
•This new scheme will succeed the government’s current Production-Linked Incentive (PLI) program for smartphones, ending March 31.
•Major players like Apple Inc. and Samsung Electronics, along with Chinese brands such as Oppo, Vivo, and Xiaomi, are expected to benefit.
•Apple's iPhone exports from India to the United States now surpass those shipped from China, highlighting India's growing role.

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