Mobile Phone Manufacturing Crosses 100 Million Mark in India
Telecom Minister of India, Ravi Shankar Prasad on Saturday revealed that mobile phone production in India had crossed the 100 million mark while also telling the media that many leading companies also want to set up their manufacturing units in the country in the coming year. This favourable news comes in at a time when there is an increased push from the country’s government for its pet project, “Make in India”.
“Today, I am happy to announce that in December, Rs 1.14 lakh crore investment has come in electronic manufacturing in India. We have attracted around 15 new mobile plants. Earlier in 2014, 68 million (mobile phones) were being manufactured and now 100 million are being manufactured,” Prasad said at Global Business Summit here.
He added, “All the major companies in the world namely Panasonic, Mitsubishi, Nidec, Samsung, Bosch, Jabil, Flextronics, Continental are in India besides all the top Indian companies who are already here,” Prasad said.
In addition to this, the president of the Indian Cellular Association, Pankaj Mahindroo was quoted as saying “In terms of value, mobile phone production in India increased 95% in the current financial year as compared to the previous year”
“Government has made sincere efforts to boost mobile phone production in the country. The new investment has created 30,000 new jobs in the country and state governments have shown keen interest in attracting these investments,”
The tech savvy telecom minister when asked about the experimentation of new technologies in the country, including that of Project Loon by Google and White space spectrum use for broadband by Microsoft, had this to say, “Once the pilot becomes successful, then depending on security concerns, final call will be taken,”