India’s Union Cabinet approves the second edition of the mobile phone production-linked incentive (PLI) scheme, with a total outlay of Rs 62,500 crore. Multiple outlets report that the cleared scheme—often referred to as Mobile PLI 2.0—is intended to encourage companies to invest in and increase production related to mobile phones and associated areas covered under the incentive framework. The approval is described as a move expected to bring in new investment and fresh business commitments from firms participating in the scheme, alongside continued support for domestic manufacturing. The outlets characterize the decision as enabling additional deals under the programme, reflecting the government’s broader approach to expand local capacity in the mobile phone supply chain. The coverage is consistent on the headline figures and the fact of Cabinet approval, while details on eligibility criteria, timelines, and specific performance conditions are not provided in the excerpts shared. The scheme remains positioned as an industrial policy instrument to strengthen manufacturing output in the sector through incentives linked to production outcomes.