From only two mobile phone manufacturers in 2014 to 268 mobile phone and accessory manufacturers in 2019, 95% of mobile phones sold in India are produced domestically, “India” is attracting attention.
Tencent Technology News, August 12 news, according to foreign media reports, in fact, India has now become the world's second largest mobile phone manufacturing country after China.
Pankaj Mohindroo, president of the Indian Association of Mobile and Electronics (ICEA), said: “In the past four years, India has achieved great success in the manufacture of mobile phones and components, currently sold in India. More than 95% of mobile phones are produced in India. ”
Mosindro also said: “Our domestic market, that is, domestic manufacturing is saturated, our goal is to achieve more export targets by 2025. A survey conducted by ICEA, a mobile industry organization, found that 268 mobile phone and accessory manufacturers in India employed approximately 670,000 people.
Most of the phones used by Indians today are made in India, thanks to projects such as the Special Incentive Package (M-SIP), which provides financial incentives across the Electronic Systems Design and Manufacturing (ESDM) value chain. To compensate for cost losses in manufacturing and electronics manufacturing clusters (EMC).
Launched in 2012, M-SIPS provides a 25% capital subsidy for the electronics industry in non-special economic zones and a 20% capital subsidy for the electronics industry in the SEZ.
The Electronic Manufacturing Cluster (EMC) program, also launched in 2012, encourages entities, including state governments, to provide high-quality infrastructure within the cluster. Under the program, India provides 50% and 75% cost subsidies for the Greenfield Electronics Manufacturing Cluster project and the Brownfield Electronics Manufacturing Cluster project, respectively.
Due to concerns about the “Made in India” and “Digital India” programs, Uttar Pradesh has become a new center for mobile manufacturing in India in the past few years.
In July 2018, Samsung built the world's largest mobile phone factory in Noida. The goal of the new facility is to double the production of Noida's mobile phones from 68 million per year to 120 million per year, and the phased expansion will be completed by 2020.
In addition to Samsung, most Chinese smartphone manufacturers currently leading the Indian market - Xiaomi, OPPO and vivo, also produce mobile phones in India. Apple has begun assembling the iPhone 7 at its supplier Wistron's factory in Bangalore.
In 2017-2018, the production of cellular mobile handsets reached 225 million units, and the production in 2014-2015 was 60 million units. “The National Electronic Policy of 2019” has set a goal of promoting domestic manufacturing and exports throughout the ESDM system to promote economic development and achieve its intended export targets by 2025, including the production of 1 billion mobile phones by 2025. And exported 600 million mobile phones.
India currently has more than 450 million smartphone users. According to a joint study by ASSOCHAM-PwC, the number of smartphone users in India is expected to reach 859 million by 2022. (Tencent Technology Review / Jinlu)