37 Mobile Manufacturing Plants Set Up in India Providing 40000 Jobs
In tune with PM Narendra Modi’s ‘Make in India’ campaign, 37 mobile manufacturing plants were set up in the last year. As per the PTI news, IT minister Ravi Shankar Prasad revealed that 11 crore mobile phones were manufactured indigenously in India in last one year. Compared to the previous year’s figures, there’s a 100 percent increase in mobile devices manufacturing.
Mr. Prasad was inaugurating government funded Electropreneur Park at the University of Delhi. He added that investments have generated 40,000 direct jobs and 1.25 lakh indirect employment. Starting from the Chinese companies Xiaomi and Gionee to Indian Micromax, Karbonn, Intex, Lava, MTech etc, most of the smartphone companies have set up their manufacturing plants in India.
Apart from manufacturing electronics, product designing will also be supported under Electronics Development Fund. As per the latest information, Chinese LeEco will also start mobile manufacturing unit in India.
As per the latest figures, Government of India imports over INR 3 lakh crore worth electronic goods. However, the government aims to bring this import to zero level and get a maximum benefit under the initiatives like 'Make in India’, ‘Digital India’ and ‘Startup India’.