https://ism.gov.in/schemes/semicon2.0/indexhttps://ism.gov.in/schemes/semicon2.0/index
more fabs will targetted. also there will likely be ISM3.0, ISM4.0 with higher budget.
>>858
>The scheme provides incentive support on eligible sales for manufacturing of mobile phones in India at differentiated rates ranging from 2.25% to 5%. Scheme also provides additional incentive of up to 1.5% linked to domestic sourcing of key components/ sub-assemblies. For building Indian brands, an additional incentive @3% on Eligible Sales for design and R&D of the product.
its a bit vague but MPMS essentially aims to incentivise design, RnD and local sourcing of components.
