India is presently meaning to outperform China in the field of mobile manufacturing with the production-linked incentive (PLI) plot pulling in worldwide majors in this segment to the nation, telecom and IT minister Ravi Shankar Prasad said on Monday.

He said that the public authority is hoping to make India a hub of other electronic products too with the expansion of the PLI plan to different sectors.

“We wanted India to become the second largest mobile manufacturer in the world. Now I am pushing India to surpass China. That’s my goal and I am very clearly defining it,” Prasad said at the annual general meeting of industry chamber FICCI.

India turned into the second biggest mobile manufacturing nation in 2017.

The National Policy on Electronics 2019 (NPE) imagines electronic manufacturing turnover of more than Rs 26 lakh crore by 2025, out of which Rs 13 lakh crore is relied upon to come from the cell phone section.

PLI is intended to push India’s height and simplicity of working together under the authority of the Prime Minister Narendra Modi to exhibit India as an other assembling objective, Prasad said.

“PLI is designed to enable global champion companies to come to India and make Indian companies national champion,” he noted.

The government has begun a PLI plot under which qualified organizations can get sops of around Rs 48,000 crore.

The government has cleared 16 recommendations from domestic and international organizations involving investment of Rs 11,000 crore under the PLI plan to produce cell phones worth Rs 10.5 lakh crore throughout the next five years.

The organizations incorporate iPhone producer Apple’s agreement makers Foxconn Hon Hai, Wistron and Pegatron, aside from Samsung and Rising Star.

Domestic organizations whose proposals have been approved incorporate Lava, Bhagwati (Micromax), Padget Electronics (Dixon Technologies), UTL Neolyncs and Optiemus.

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Buzz Illustrated journalist was involved in the writing and production of this article.