TODAY’S PAPER | March 12, 2026 | EPAPER

India plans fresh incentives for phone production in boost for Apple, Samsung

New Delhi is considering ‌linking ⁠the new incentives to exports to further push globally competitive production


Reuters March 12, 2026 1 min read
The newly launched iPhone 17 series are displayed at an Apple store in New Delhi, India, September 19, 2025. Photo: Reuters/ File

India is planning fresh incentives for local production of mobile phones after its flagship programme for the burgeoning ​sector expires this month, two sources said, in a ‌boost for global firms such as Apple and Samsung.

The country's intent to continue supporting the industry comes as it stands to lose tariff advantage over ​China for access to the United States, with President Donald ​Trump's fentanyl-related levy on Beijing invalidated in a court ruling.

Smartphone ⁠production is a key plank of Prime Minister Narendra Modi's ​agenda to bolster domestic manufacturing. India aims to expand its electronics manufacturing ​to $500 billion by fiscal year 2030.

Also Read: India proposes forcing smartphone makers to give source code in security overhaul

The country produced nearly $60n worth of mobiles in the 2024-25 fiscal year, a 28-fold jump over a decade, government ​data shows. Mobile exports over the same period have risen to nearly in $21.70 b, a 127-fold jump, making for India's most exported product in 2025.

New Delhi is considering ‌linking ⁠the new incentives to exports to further push globally competitive production, an Indian official said. It is likely to cover investments from April this year, the official added.

Previously, industry leaders such as Apple and Samsung ​leaned on the ​nation's production-linked incentive ⁠scheme, a nearly $21b programme designed to rival China's factory might, that expires this month.

It helped Apple manufacture its ​most expensive and latest cellphone models in India, ​after having ⁠started with low-cost versions. Trump's high tariffs on China also encouraged some production shift.

India's Ministry of Electronics and Information Technology has held consultations with the ⁠industry ​on designing the scheme, an industry executive ​aware of the talks said.

The ministry did not immediately respond to an email seeking ​comment.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ