India now 2nd largest mobile handset manufacturer in the world, says Amitabh Kant
We have got used to the fact that every day there are numerous updates on the latest launches of smartphones in India. Mobile companies like Samsung, Realme, Oppo, Xiaomi, among others have already launched a few models while many are lined up. However, there is some other good news as far as mobile phone manufacturing is concerned. India has emerged as the second largest manufacturer of mobile handsets in the world in terms of volume. As per the information provided by Amitabh Kant, CEO at NITI Aayog, over 200 units are manufacturing cellular mobile phones, up from only 2 units in the year 2014.
He further added that production has gone up from 6 crore mobile phones in 2014-15 to approximately 30 crore mobile phones in 2020-21. "India has emerged as the 2nd largest manufacturer of mobile handsets in the world in volume terms. Over 200 units are manufacturing cellular mobile phones up from only 2 units in 2014. Production has gone up from 6 Cr mobile ph in 2014-15 to app 30 Cr mobile phones in 2020-21.Gr8," he tweeted.
To make sure these gains are used for further growth, recently, the Ministry of Electronics and Information Technology, released the 2nd Volume of Vision Document on Electronics Manufacturing. The document contains a five-year roadmap and vision for the electronics sector.
India has emerged as the 2nd largest manufacturer of mobile handsets in the world in volume terms.Over 200 units are manufacturing cellular mobile phones up from only 2 units in 2014. Production has gone up from 6 Cr mobile ph in 2014-15 to app 30 Cr mobile phones in 2020-21.Gr8
The document has been released by the ministry in association with ICEA, and is titled “$300 bn Sustainable Electronics Manufacturing & Exports by 2026.”
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