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From Xiaomi to Micromax, 37 mobile manufacturing plants set up in India in last 1 year

From Xiaomi to Micromax, Ravi Shankar Prasad revealed that 37 mobile manufacturing plants were set up in India in the last one year. These plants generated about 40,000 jobs.

  • Published: August 29, 2016 10:53 AM IST
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In what can be seen as a shot in the arm for Prime Minister Narendra Modi’s ‘Make in India’ campaign, IT Minister Ravi Shankar Prasad revealed that in the last one year, 11 crore mobile phones were manufactured in India. This is up from six crore in the year before. Prasad also revealed that 37 mobile manufacturing companies were set up in the last one year, which have generated 40,000 new jobs and 1.25 lakh indirect employment. “We decided to make India a big hub of electronics manufacturing. In the last one year, 37 new mobile manufacturing units have come,” Prasad said after inaugurating government-funded ‘Electropreneur Park’. “We have given jobs to forty-thousand people and 1.25 lakh indirect jobs,” Prasad added.

Chinese companies like Gionee and Xiaomi are making their handsets at Foxconn plant in Andhra Pradesh. Domestic companies such as Karbonn, Lava, Micromax, Intex, Jivi, iTel, and MTech too have set up their manufacturing plants in the country. As per industry sources, Chinese company LeEco will start mobile manufacturing unit on Tuesday. Prasad said that besides manufacturing electronics product in India, product designing is also important. He said that government has provided Rs 10,000 crore under Electronics Development Fund to support new entrepreneurs in the field of electronics.

The Electropreneur Park (EP), which was inaugurated at South Campus of Delhi University, is an incubation centre set up with government funds of around Rs 21 crore to support incubation of up to 50 companies. Set up in collaboration with academia and industry represented by Indian Electronics and Semiconductor Association, the Park will focus on creation of intellectual property rights and product development to increase domestic manufacturing of electronics items.

“India imports electronic goods of over Rs 3 lakh crore. By 2020 government aims to bring down import to zero. The Electropreneur Park started today is a step in that direction,” Minister of State for IT and Law P P Choudhary said. Ministry of Electronics and IT has selected six startup firms that will develop products at this incubation centre.

“Six out of 176 startups have been selected which means they have capability of developing good quality products and selection of six more are in pipeline,” MEITY Additional Secretary Ajay Kumar said.

  • Published Date: August 29, 2016 10:53 AM IST