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From making iPhones to building the next Apple:Will India's Rs 62K-cr bet pay off?

With the launch of the Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS), India is eyeing its homegrown smartphone brands - with every aspect from design, R&D to components and manufacturing taking place in the country.

This story summarizes reporting from Times of India. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on Times of India
SMRITI JAIN29 Aug 2026, 01:13 pmUpdated 1d ago1 min readIndiaIndia
From making iPhones to building the next Apple: Will India's Rs 62K-cr bet pay off?

IndiaSMRITI JAIN

With the launch of the Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS), India is eyeing its homegrown smartphone brands - with every aspect from design, R&D to components and manufacturing taking place in the country.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India

Source: Times of India · SMRITI JAIN. Published 29 Aug 2026, 01:13 pm.

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