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Union Minister Ashwini Vaishnaw announced three Indian smartphone brands could emerge within 10 to 14 months.
These domestic players are operating under the newly notified Mobile Phone Manufacturing Scheme.
The initiative aims to transition India from a manufacturing hub to a domestic electronics designer.
Participating companies must demonstrate original designs and ownership of intellectual property.
More context
Government financial support depends on the evaluation of product design quality and IP.
The brands are expected to focus primarily on high-volume market segments.
Apple may also expand its Indian manufacturing footprint beyond iPhone production.
New incentives are being introduced to encourage the use of domestically produced components.
The government is currently mentoring the three domestic companies through the development phase.
This push aims to foster a more robust technological ecosystem within the country.