Apple could expand MacBook, iPad manufacturing in India under Rs 62,500-crore scheme
GS3Economy · S&T · Environment · Security· Industry, investment & MSMEs· Prelims + Mains·
Why in news
Union Minister Ashwini Vaishnaw announced the Mobile Phone Manufacturing Scheme (MPMS) to encourage global giants like Apple to expand high-end electronics manufacturing in India.
Background
The Mobile Phone Manufacturing Scheme (MPMS) has a total outlay of Rs 62,500 crore. It aims to foster design and research capabilities while developing three potential Indian smartphone brands over the next 14 months.
Facts for Prelims
- SchemeMobile Phone Manufacturing Scheme (MPMS) has a budget of Rs 62,500 crore
- FactThe scheme targets the development of three Indian smartphone brands within 14 months
- PostAshwini Vaishnaw is the Union Minister for Electronics and IT
For Mains
Q. Discuss how the Mobile Phone Manufacturing Scheme can transform India into a global electronics manufacturing hub and enhance domestic supply chain resilience.
Dimensions to cover in your answer
- Design and R&D capabilities
- Global competitiveness
- Domestic supply chain depth
- Employment generation
Keywords: Electronics ecosystem · Supply chain resilience · Design and R&D · Global competitiveness · Manufacturing hub
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