Industrial Subsidies & PLI
Weekly Roundup
Weekly Brief — Industrial Subsidies & PLI
₹62,500 Cr Mobile Scheme Notified; New Polysilicon Capex Subsidy Unveiled
This report covers Industrial Subsidies and PLI Schemes from August 18 to August 25, 2026. Key findings include the official notification of the PLI successor for mobile manufacturing and a strategic shift toward upstream solar raw material subsidies.
Key Statistics
| ₹62,500 Crore | 1.5% | ₹2.5 Lakh Crore |
|---|---|---|
| MPMS Budget Outlay | Extra DVA Incentive | Total PLI Investment to Date |
Weekly Executive Summary
- Mobile Manufacturing Successor Notified: The Ministry of Electronics and Information Technology (MeitY) notified the Mobile Phone Manufacturing Scheme (MPMS), a ₹62,500 crore successor to the original PLI for Large Scale Electronics, focusing on domestic value addition.
- Upstream Solar Push: The Ministry of New and Renewable Energy (MNRE) initiated the drafting of a new capex-based subsidy for polysilicon manufacturing to secure the solar supply chain by 2030.
- State-Level Mega Approvals: Uttar Pradesh and Tamil Nadu secured over ₹71,000 crore in combined investment commitments, primarily in solar and sunrise manufacturing sectors.
Deep Dive: Key De…
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