Quote – Mr. Pankaj Mohindroo, Chairman, ICEA:
‘We thank the Government of India for today’s announcement of a combined commitment of nearly ₹2 lakh crore through the Semicon India 2.0 programme and the Mobile Phone Manufacturing Scheme, marking a significant step toward the future of India’s electronics industry. This historic investment reflects the Government of India’s strong faith in the sector and its forward-looking vision to build India as a global centre for electronics and semiconductor manufacturing. The earlier schemes, PLI LSEM and ISM 1.0, created scale, attracted global investments, expanded exports and established a strong manufacturing foundation. The new schemes will sustain this momentum, provide long-term predictability and enable the deepening of domestic value chains. MPMS will strengthen large-scale mobile phone manufacturing and the component ecosystem, supporting India’s ambition to secure 35% of global mobile phone production. Semicon India 2.0 will build a comprehensive and strategic semiconductor ecosystem by advancing manufacturing, supply chains, capital goods, R&D, design, skills and Indian-owned intellectual property. Collectively, these initiatives will strengthen India’s position in global value chains, enhance technological expertise, build advanced engineering capabilities and expand supplier ecosystems across the broader electronics sector. The industry will fire on all cylinders to fully leverage this opportunity, driving investment, innovation, production, exports and job creation, and delivering on the Government’s vision.”
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Quote : Mr. Ashok Gupta, Chairman, Optiemus Electronics Limited
“The approval of the Mobile Phone Manufacturing Scheme (MPMS) is a landmark policy intervention that will build on the success of the PLI programme and accelerate India’s transition from a mobile assembly hub to a globally competitive manufacturing and innovation powerhouse. The scheme’s strong focus on domestic value addition, component sourcing, design-led manufacturing and Indian brands will deepen the electronics ecosystem, strengthen supply chain resilience and enhance export competitiveness. It provides the long-term policy certainty needed to attract fresh investments, foster indigenous technology development and position India as a preferred global destination for advanced mobile phone manufacturing.”
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Quote : Mr. Tarun Sibal, CEO, CloudPhotonix
“Semicon 2.0 rightly shifts focus from chip design to chip-making where India’s real gap lies is equipment and materials that are still almost entirely imported. Closing that gap needs more than incentives: it needs proven domain talent who can turn ambitious timelines into real releases, and sustained R&D collaboration with global partners to push toward advanced nodes. At CloudPhotonix, manufacturing optical transceivers in India, we see daily that deep-tech capability isn’t bought off the shelf. it’s built, partnership by partnership, each one adding capability, know-how, or trust.”
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