India Emerges as Second Largest Mobile Manufacturing Hub, Rahul Gandhi’s Ignorance Exposed

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Updated: 8:34 AM, Sun November 19, 2023

India Emerges as Second Largest Mobile Manufacturing Hub

India has reached a significant milestone in becoming the second-largest mobile manufacturing hub globally, leaving behind its dependence on imports. The country’s progress in this sector has been acknowledged by former IAS officer Er. Ashwini Vaishnav, the Minister of Electronics and Information Technology. This development comes as a result of the government’s recently launched Production Linked Incentive (PLI) scheme, which aims to promote domestic manufacturing in the post-Covid era.

The PLI scheme, with a budget of ₹41,000 crores, has attracted proposals from both domestic and foreign companies, including industry giants like Foxconn, Samsung, and Apple’s contract manufacturers. Many companies are seeking to shift their manufacturing operations from China. Under the scheme, these companies can produce mobile phones with a cost of ₹15,000 or above. Indian companies, on the other hand, do not have a cost limit imposed on them. As a result of the PLI scheme, approximately 1.2 million people in India are expected to be employed in the mobile manufacturing sector over the next five years.

The outcomes of the PLI scheme are already evident. India’s mobile manufacturing currently stands at a staggering ₹4 lakh crores. Even renowned companies like Apple have begun manufacturing their latest iPhones in India. Samsung’s Giga factory has also achieved record production levels. The country, once heavily reliant on imports, now proudly claims the title of the world’s second-best mobile manufacturing hub.

Indian-made iPhones have made a strong impact in the export market, with revenues touching ₹23,000 crores, accounting for half of the country’s total exports thus far. It is projected that by the end of the fiscal year 2022-2023, total export earnings will reach ₹1 lakh crore. The success story doesn’t end with mobile phones; the ban on imports of laptops, computers, and tablets has opened up opportunities for domestic production in these sectors as well.

Two years ago, a PLI scheme was introduced to promote domestic manufacturing in the laptop, computer, and tablet sectors. The results of this initiative are now beginning to surface. With import restrictions in place, it is anticipated that local production in these sectors will flourish. Hopefully, this time Rahul Gandhi, the leader of the Congress party, will not remain unaware of the impressive performance achieved in these emerging sectors.

India’s emergence as a major mobile manufacturing hub not only uplifts the economy but also generates employment opportunities for millions of people. The government’s focus on promoting domestic manufacturing will further bolster India’s position as a global leader in the technology sector. As the country continues to make strides, it is crucial for politicians and leaders to stay informed and support initiatives that drive its growth.

Frequently Asked Questions (FAQs) Related to the Above News

When did India emerge as the second-largest mobile manufacturing hub?

India has recently emerged as the second-largest mobile manufacturing hub.

Who made a statement about Chinese mobile phones dominating India?

Rahul Gandhi, a prominent political figure, made a statement about Chinese mobile phones dominating India.

What does the Production Linked Incentive (PLI) scheme aim to do?

The PLI scheme aims to promote domestic mobile manufacturing and bolster the production of electronic components and semiconductors in India.

Which companies have shown interest in shifting their operations from China to India?

Companies such as Foxconn, Wistron, Pagatron, Samsung, Lava, and Dixon have shown interest in shifting their operations from China to India.

How much is the budget for the PLI scheme?

The budget for the PLI scheme is INR 41,000 crores.

What is the value of India's mobile manufacturing industry?

India's mobile manufacturing industry is valued at INR 4 lakh crores.

Which companies have started producing their products in India?

Apple and Samsung have started producing their products in India.

How much revenue have smartphones manufactured in India generated through exports?

Smartphones manufactured in India have generated export revenues of INR 23,000 crores, accounting for half of the country's total exports.

What is the predicted revenue from mobile phone exports by the end of the fiscal year 2022-2023?

The predicted revenue from mobile phone exports by the end of the fiscal year 2022-2023 is INR 1 lakh crore.

What other sectors is India focusing on domestic production in?

India is also focusing on domestic production in the sectors of laptops, computers, and tablets.

What scheme was introduced to encourage domestic production in laptops, computers, and tablets?

A PLI scheme was introduced two years ago to encourage domestic production in laptops, computers, and tablets.

What does India's emergence as a leading mobile manufacturing hub signify?

India's emergence as a leading mobile manufacturing hub signifies the country's technological and economic growth.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Neha Sharma
Neha Sharma
Neha Sharma is a tech-savvy author at The Reportify who delves into the ever-evolving world of technology. With her expertise in the latest gadgets, innovations, and tech trends, Neha keeps you informed about all things tech in the Technology category. She can be reached at neha@thereportify.com for any inquiries or further information.

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