Mobile phone production in India has crossed the 100 million mark in 2015, with major companies like Samsung boosting their local manufacturing efforts. All Samsung devices sold in the country are assembled locally, and the government's "Make in India" initiative is making it easier for international vendors to set up shop in India.
From Telecom Minister Ravi Shankar Prasad:
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.
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.
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 hardware components for the mobiles being assembled are still sourced from outside the country, but bringing the final assembly and packaging processes to India allows vendors to get their wares into consumers' hands faster. Establishing assembly lines is also the first step in getting the hardware manufacturing ecosystem off the ground, which will eventually lead to setting up factories that can produce hardware locally.
Over 100 million Indians made their way to the internet for the first time over the course of the last year, with the total number of internet-connected users now at 400 million. That figure is set to reach the 500 million mark shortly, which means there's a lot of room for growth for brands — both international and local.
Source: Times of India
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