India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts. According to Counterpoint Research, India is expected to export about 22 percent of its total assembled mobile phones in 2023. "China’s manufacturing...
India Exceeds $10 Billion in Mobile Phone Exports
Supported by attractive government incentives for local manufacturing, India is set to reach $10 billion worth smartphone exports in the fiscal year ending March 31. Smartphone exports from India have doubled as compared to the previous year. According to the India Cellular and Electronics Association (ICEA), Apple's 'Make in India'...
Government to Make India a Manufacturing Hub for Electronics
India's Ministry of Electronics and Information Technology (MeitY) has formed an advisory board which hopes to make India a $300 billion electronics manufacturing hub by 2026. Called the "Digital India Electronics Mission $300 Billion," the board is made up of representatives from key domestic and international electronics companies such as...