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Mobile phones worth Rs 90,000 crore were produced in India last fiscal

Mobile phones worth Rs 90,000 crore were produced in India last fiscal

 

From past few years, Indian Govt. is promoting 'Make in India' campaign. When it was launched, many people judged it and said that India can never survive without imports.

 

But now, according to a latest report, India has witnessed Rs 71,000 crore junped in Mobile Production under 'Make in India' campaign in last 3 years. Before that India used to import phones from China.

 

India, which is one of the largest telecom markets globally, has seen production of mobile handsets grow at a steady pace over the past few years. "During 2014-15, mobile handsets worth Rs 18,900 crore were produced in India, which increased to Rs 54,000 crore in 2015-16 and further to Rs 90,000 crore in 2016-17. Even as imports of handsets were at $3.7 billion (around Rs 24,364 crore) during the period," Telecom Minister Manoj Sinha said in a written reply to the Rajya Sabha.

 

The minister said all major brands (both foreign and Indian) have either already set up their own manufacturing facilities or are in the process of doing so. Some companies have also sub-contracted manufacturing to Electronics Manufacturing Services (EMS) companies operating from India.

 

These factories are located in regions like Andhra Pradesh, Delhi, Haryana, Uttarakhand and Himachal Pradesh.

 

The Government of India has notified the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of cellular mobile handsets and its sub- assemblies… Basic Customs Duty (BCD) of 10 per cent has been imposed on cellular mobile handsets and identified parts thereof,” he added.

 

Moreover, India will take upon every country in the World and will be a Phone manufacturing Hub by 2020. Even Apple will manufacture their phones soon in India.

 

 

 

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