From making iPhones to building the next Apple: Will India’s Rs 62,500 crore mobile phones bet pay off?

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From making iPhones to building the next Apple: Will India’s Rs 62,500 crore mobile phones bet pay off?

August 29, 2026

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With the launch of the Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS), India is eyeing its homegrown smartphone brands – with every aspect from design, R&D to components and manufacturing taking place in the country.

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‘Identify your real enemy’: Khamenei urges Gulf rulers to unite, defend each other

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