The production of mobile phones in India has crossed the 100 million mark as manufacturing bases are being set up by various leading companies, says Ravi Shankar Prasad, the Telecom Minister. Prasad further added that all leading companies have their presence in India namely Continental, Flextronics, Jabil, Bosch, Samsung, Nidec, Mitsubishi, Panasonic, etc..
He also stated that he was happy to announce a massive Rs. 1.14 lakh crore investment that had come up in electronic manufacturing in the month of December. Around 15 new mobile plants were attracted said Prasad at a Global Business Summit. In 2014, around 68 million phones were manufactured, but now, the number has reached 100 million.
Pankaj Mohindroo, the Founder and President of Indian Cellular Association stated that there has been a 95% increase in the production of mobile phones in terms of value this financial year, as compared to previous fiscal.
The government has made sincere efforts for boosting the production of mobile phones in the country and with this new investment, 30,000 new jobs have been created.
Mohindroo further added that the penetration of Internet has risen from 100 million to 400 million in a year and hopes that this growth rate would cross 500 million.
He also extended support for experimenting new technologies in India including White Space Spectrum use for Broadband and Google’s Project Loon. Once the pilot is approved, a final decision would be taken on the basis of security concerns.
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