Mobile phones production in India may reach 500 million in 2 years
In 2015, production of mobile phones in the country already reached 100 million. The number of phones being manufactured was 10 million sometime back and has gone up to 100 million now.
- Feb 8, 2016,
- Updated Feb 8, 2016 11:46 AM IST
With India becoming a global hub for manufacturing of mobile phones, the country's production may touch 500 million units in the next two years, telecom secretary JS Deepak said here on Sunday.
In 2015, production of mobile phones in the country already reached 100 million. The number of phones being manufactured was 10 million sometime back and has gone up to 100 million now. "The time has come when we will reach 500 million maybe in two years," Deepak said on the second day of a seminar on telecom and broadcasting.
Deepak further stated that apart from phones, the differential tariff is helping domestic manufacturers to get into other areas like medical electronics, consumer electronics as well as broadband equipment and set-top boxes. "Today, with its talent base and incentive policy, India is becoming a global hub for manufacturing of phones and especially low-end phones," he added.
The government is making efforts to reduce imports of electronic products and meet requirement of domestic market through indigenous production. Given the government's push for the 'Make in India' campaign, device makers, including Micromax, Lava, Gionee, Lenovo, OnePlus and Xiaomi, have started assembling their devices in the country.
India is one of the fastestgrowing smartphone markets globally and device makers are keen to set up manufacturing units here to cater for the burgeoning demand. Foxconn, the world's biggest contract manufacturer of electronics goods, including for Apple, has announced plans to set up as many as 12 factories in India.
With India becoming a global hub for manufacturing of mobile phones, the country's production may touch 500 million units in the next two years, telecom secretary JS Deepak said here on Sunday.
In 2015, production of mobile phones in the country already reached 100 million. The number of phones being manufactured was 10 million sometime back and has gone up to 100 million now. "The time has come when we will reach 500 million maybe in two years," Deepak said on the second day of a seminar on telecom and broadcasting.
Deepak further stated that apart from phones, the differential tariff is helping domestic manufacturers to get into other areas like medical electronics, consumer electronics as well as broadband equipment and set-top boxes. "Today, with its talent base and incentive policy, India is becoming a global hub for manufacturing of phones and especially low-end phones," he added.
The government is making efforts to reduce imports of electronic products and meet requirement of domestic market through indigenous production. Given the government's push for the 'Make in India' campaign, device makers, including Micromax, Lava, Gionee, Lenovo, OnePlus and Xiaomi, have started assembling their devices in the country.
India is one of the fastestgrowing smartphone markets globally and device makers are keen to set up manufacturing units here to cater for the burgeoning demand. Foxconn, the world's biggest contract manufacturer of electronics goods, including for Apple, has announced plans to set up as many as 12 factories in India.