Thursday, March 28

Tag: smartphone manufacturing

Smartphones Made in India? Manufacturing Ambition Hits Hurdles
INDIA

Smartphones Made in India? Manufacturing Ambition Hits Hurdles

India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labour and part suppliers along with a complex tax regime, industry executives say. Prime Minister Narendra Modi has championed a manufacturing drive, under the slogan ‘Make in India’, to boost the sluggish economy and create millions of jobs. Among the headline-grabbing details was a plan to eventually make Apple iPhones in India. Three years on, as executives and bureaucrats crowded into a Delhi convention centre for an inaugural mobile congress last week, India has managed only to assemble phones from imported components. While contract manufacturers such as iPhone-maker Foxconn Technology Co and Flextronics Corp have set up base in India, one of the world’s fastest-growing smartpho...
Smartphone Manufacturing Industry To Reach Rs 1.35 Lakh Cr by 2020: Report
ANALYSIS

Smartphone Manufacturing Industry To Reach Rs 1.35 Lakh Cr by 2020: Report

Indian mobile phone manufacturing industry is estimated to reach Rs 1.35 lakh crore by 2019-20, says a report. "The size of the domestic mobile manufacturing industry in FY (financial year) 2019-20 is expected to be Rs 1,35,000 crore as compared to Rs 94,000 crore in FY 2016-17. For smartphones, the market size of domestic manufacturing in FY 2019-20 will be Rs 1,20,200 crore," the joint report released by industry body IAMAI and Enixta Innovations said. (more…)