Modi government promised 9 lakh jobs in mobile manufacturing, so far received

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Union Minister Ravi Shankar Prasad said that the production linked incentive scheme announced in April for mobile phones and components amidst severe conditions of Kovid-19 gave a production of Rs 35,000 crore, employed 22,500 people and brought about 1,300 investors.

He said that we believe that 10 lakh crore rupees will be produced and about 8 lakh-9 lakh direct and indirect jobs will be created under the PLI scheme in the next 5 years. Through this scheme we focus on bringing global champions in India and making Indian manufacturers national champions.

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He said that the annual growth rate (CAGR) of electronic manufacturing in the country is 23 percent. He further stated that the Cabinet approved the PLI scheme for pharmaceuticals for the period from FY 2020-21 to 2028-29 to boost production of high value products in the country and increase value addition in exports.

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