22 companies applied to manufacture mobile phones, components in India: RS Prasad

22 companies applied to manufacture mobile phones, components in India: RS Prasad

Electronics and Information Technology Minister Ravi Shankar Prasad on the Production-Linked Incentive Scheme informed that so far 22 companies have applied.

He said, "These companies will produce mobile phone and components in India worth Rs 11.5 lakh crore in the coming 5 years out of which products worth Rs 7 lakh crore will be exported." He further assured that the scheme is not against any country.

"This scheme is not against any country, it is only India positive.

I do not wish to take the name of any country.

We have got proper rules and regulations with regard to our security, bordering countries, all those compliances are important."