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Smartphones grab the largest share in incentive schemes

Financial Express Kochi

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February 03, 2025

THE SMARTPHONE PRODUCTION-LINKED incentive scheme, the most successful of the 14 PLIs, has topped the allocation at ₹8,885 crore in the Budget 2025-26, significantly higher than allocations for PLI schemes of other ministries.

- JATIN GROVER

The allocation has increased by over 45% compared to ₹6,125 crore, which was allocated for FY25. In the revised estimate, however, it has been revised to ₹5,747 crore.

Compared to other ministries, chemicals and fertilisers ministry has got a PLI allocation of ₹2,445 crore in FY26 for its three schemes compared to ₹2,143 crore in FY25.

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