NEW DELHI: Prime Minister Narendra Modi ’s pet ‘ Make in India ’ project has so far attracted Rs 2,000 crore of investment proposals, but none from homegrown mobile handset companies who get their products manufactured in China.“Most of the investment (proposals) are across automotive engineering and other electronic products” under the Modified Special Incentive Package Scheme (M-SIPS), a senior government official told ET. The programme seeks to promote large-scale manufacturing and attract domestic and global investments in the electronics manufacturing segment.Nidec, a Japanese manufacturer of electric motors, is one such company that has recently made a proposal, this official said. He declined to provide other names.Indian smartphone vendors such as Micromax and Karbonn are not enthused about local manufacturing, as they feel setting up facilities in the country without the entire ecosystem – such as supply of components – being available to them will harm their price competitiveness.Meanwhile, the government is planning to tweak the special package scheme to further boost investment.“One very strong feedback received was that the special incentives were released very late and this was hampering business,” another government official said.The government is planning to reduce the time span within which financial support is provided to investors.“For instance, currently, under M-SIPS, the government releases the 25% it contributes towards a project after two years of the concerned company’s investment,” the second official said. The government is looking at releasing its support in shorter intervals of time.The government is also considering extending the benefits of MSIPS for five more years and add more items for grant of incentives to meet the government target of bringing net imports to zero by 2020.In a Cabinet note drafted by the Ministry of Communications and IT, reviewed by ET, the applicability for M-SIPS should be extended to 2020, from the earlier deadline of July 2015. The programme, first approved in 2012, provides for reimbursement of central taxes for select, technologyand capital-intensive products like chip manufacturing.For other electronics manufacturing projects, it provides a subsidy of 20% on capital investment made in special economic zone and 25% in non-SEZ areas.The proposal now is to include LED, solar cells, smart cards, nano-electronic components and many more for reimbursement of central taxes. There are also demands to cover consumer appliances like fully automatic washing machines, air conditioners, microwave ovens, refrigerators, multi-functional electronic devices, Internet of Things products and capital equipment for electronic manufacturing under the 20-25% subsidy scheme.The government is planning to reduce the minimum investment limit to qualify for the programme by up to 90% to Rs 10 crore, from Rs 100 crore.However, smartphone vendors say these government steps alone won’t make them consider local manufacturing. “It will take much more than just monetary support to set up a base in the country,” a senior executive of a smartphone vendor told ET.“Nothing is yet available to us here. In China, while designing a phone, for each component we can chose from several options. The cells, cameras, plastic and the metallic body to name a few.” Modi recently launched the Make in India campaign to make India a manufacturing hub to help boost jobs and growth.India imports electronics goods worth $100 billion a year. This bill is expected to cross $400 billion by 2020 unless India starts manufacturing locally.