Page 16 - Electronics Association News Today

Over the past decade, mobile phone manufacturing in India has seen a remarkable 21-fold increase to reach Rs 4.1 lakh crore, driven by government policies like the Production Linked Incentive (PLI) scheme. This surge has enabled India to fulfill 97% of its mobile phone demand domestically, with 30% of production targeted for export in FY24, amounting to an estimated Rs 1.2 lakh crore.

India, which is now the fifth largest export nation for mobile phones as an individual commodity, would have faced a hefty import bill of more than Rs 14.3 lakh crore, had it not achieved self-sufficiency in the last 10 years.Since 2014, the ...

This exponential growth in production, exports and self-sufficiency stems from a conducive policy environment and a close working relationship between industry and key government ministries.

The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector.While 78 per cent of all the mobile phones sold in the country in 2014 were imported, about 97 per cent of ...

New Delhi, March 10 (IANS) The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing

India is looking to capitalise on the shift away from China as companies diversify their global supply chains, before the window of opportunity closes.

Cabinet approves setting up semiconductor units by Tata and Murugappa Groups in Gujarat and Assam. | Latest News India

Top industry bodies on Friday hailed the government's decision to clear three semiconductor fabrication (fab) manufacturing projects worth Rs 1.3 lakh crore, saying that the emergence of the country as a global semiconductor manufacturing ...

The Union Cabinets approval of three semiconductor manufacturing units, with an investment of Rs 1.26 lakh crore, is a significant step towards achieving self-sufficiency and making India a global chip making destination. It will benefit various sectors, advance the Digital India mission, and pave the way for more semiconductor fabs and OSAT units, as well as semiconductor product design companies.

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