Govt. collects ₹3.25 lakh cr. in taxes against ₹19,000 cr. mobile PLI: Vaishnaw
Union Minister Ashwini Vaishnaw reported that the government has collected ₹3.25 lakh crore in taxes from the mobile phone industry, significantly exceeding the ₹19,000 crore provided in production-linked incentives. The minister highlighted this as a success for the government's manufacturing schemes.
Why it matters
This data is used by the government to justify the efficacy of its industrial policy and production-linked incentive (PLI) programs in boosting domestic manufacturing.
Govt. collects ₹3.25 lakh cr. in taxes against ₹19,000 cr. mobile PLI: Vaishnaw left Union Union Electronics and IT Minister Ashwini Vaishnaw. Sushil Kumar Verma Sushil Kumar Verma https://th-i.thgim.com/public/incoming/bnf6xg/article71634759.ece/alternates/FREE_1200/CABINET%20PC%20ASHWINI%2014.JPG SUSHIL KUMAR VERMA NEW DELHI, 14/10/2026: Union Railway Minister Ashwini Vaishnaw addressing the media on Cabinet Decision at National Media Centre, New Delhi on Wednesday. Photo: Sushil Kumar Verma / The Hindu According to the official data shared by the government in March, India exported mobile phones worth ₹2 lakh crore in fiscal year 2025 and mobile phone imports in the country had become almost negligible at around 0.02% of the domestic demand in 2024-25 from 75% 10 years ago New Delhi The government has collected a total of ₹3.25 lakh crore from the mobile phone industry in lieu of the ₹19,000 crore mobile production-linked incentive doled out to the segment, according to data shared by Union minister Ashwini Vaishnaw on…
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