Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Business News / India producing 100 million phones
  • Business

    India producing 100 million phones

    Achin Garg
    Written by
    Achin Garg
    Mail
    Last updated on Jan 31, 2016, 03:17 pm
    India producing 100 million phones
    Credits:
  • Telecom Minister Ravi Shankar Prasad announced that India's mobile phone production has increased to 100 million mobile sets per year in 2015 from 68 million in 2014.

    He also announced that Rs.1,14,000 crore worth of investments came to India in Dec'15 in electronics manufacturing.

    The new investments have created 30,000 jobs in the country and state governments are eager to attract more investments.

  • In this article
    Import forms major part of mobile phones market Task force to stimulate mobile manufacturing Mobile phone exports decline from India Chinese mobile makers excited about 'Make in India' Huge market for smartphones in the world The Indian advantage Oppo to produce 10 million units per year India producing 100 million phones
  • Information

    Import forms major part of mobile phones market

  • The domestic mobile handset market in India is estimated at Rs.75,000 crore, out of which handsets worth Rs.58,550 crore are imported.

  • 1 Jan 2016

    Task force to stimulate mobile manufacturing

    Task force to stimulate mobile manufacturing
    Credits:
  • The Department of Electronics and Information Technology formed a task force to revive mobile manufacturing in India.

    The task force, headed by Pankaj Mohindroo (President, Indian Cellular Association), sought to increase the number of mobile units manufactured in India to 500,000,000 by 2019 and create 1.5 million jobs.

    It would also explore opportunities to increase exports from 30 million (2014) to 120 million (2019).

  • Data

    Mobile phone exports decline from India

  • Mobile phone exports from India had fallen from $3.4 billion in 2009 to $2.28 billion in 2013. This translated to a drop in India's position from being the 7th largest mobile phone exporter in 2009 to 14th in 2013.

  • 13 Jan 2016

    Chinese mobile makers excited about 'Make in India'

    Chinese mobile makers excited about 'Make in India'
    Credits:
  • Chinese mobile manufacturers have expressed interest to invest in India.

    According to Mr Wu, founder and CEO, Mobile World (Shoujibao) Shenzhen, India's population, huge market and the Make in India initiative are their primary drivers to invest in India.

    Mobile phone manufacturers may invest around $2-3 billion in coming 2-3 years.

    India is the fastest growing mobile phone market but imports significantly from China.

  • Do you know?

    Huge market for smartphones in the world

  • According to reseach firm Gartner, total mobile shipments in the world will increase to 1.96 billion in 2016 of which more than 80% will be smartphones.

  • 29 Jan 2016

    The Indian advantage

    The Indian advantage
  • India is likely to become the world's second largest smartphone market by 2017.

    With 65% of India's population below 35 years, it not only has a large pool of software engineers but also a huge market.

    India's hourly labor rates are less than half of China's labor rates.

    The government is focusing on 'Make in India' to promote manufacturing in India.

  • 29 Jan 2016

    Oppo to produce 10 million units per year

    Oppo to produce 10 million units per year
    Credits:
  • Chinese mobile phone company Oppo, which has sold 40 million mobile handsets in China, would invest Rs.100 crore in India to set up a manufacturing unit.

    The unit would produce 10 million mobile phones a year.

    According to Oppo's Global VP Sky Li , the manufacturing facility may start as early as Aug'16.

    Oppo currently gets its units manufactured at Foxconn's factory in India.

  • 31 Jan 2016

    India producing 100 million phones

    India producing 100 million phones
    Credits:
  • Telecom Minister Ravi Shankar Prasad announced that India's mobile phone production has increased to 100 million mobile sets per year in 2015 from 68 million in 2014.

    He also announced that Rs.1,14,000 crore worth of investments came to India in Dec'15 in electronics manufacturing.

    The new investments have created 30,000 jobs in the country and state governments are eager to attract more investments.

Latest News
  • Mamata Banerjee takes an electric scooter ride to work
    Mamata Banerjee takes an electric scooter ride to work
    Politics
  • Nirav Modi can be extradited to India: UK court
    Nirav Modi can be extradited to India: UK court
    India
  • Ahead of West Bengal polls, actress Paayel Sarkar joins BJP
    Ahead of West Bengal polls, actress Paayel Sarkar joins BJP
    Entertainment
  • India vs England, D/N Test: Hosts bowled out for 145
    India vs England, D/N Test: Hosts bowled out for 145
    Sports
  • Johnson & Johnson's one-shot COVID-19 vaccine highly effective: FDA
    Johnson & Johnson's one-shot COVID-19 vaccine highly effective: FDA
    World
Trending Topics
Bharti Airtel Mukesh Ambani WhatsApp Reliance Jio OPPO Isha Ambani
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love Business news?

Subscribe to stay updated.

Business Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Indian Premier League Samsung Virat Kohli Rohit Sharma
Cricket News Narendra Modi Facebook YouTube Hollywood News WhatsApp Bollywood News ISRO Rahul Gandhi Yoga
Honda Batman Football News BMW Vaccine Reliance Jio OPPO Amazon Food News, Healthy Recipes Royal Challengers Bangalore
Toyota Fashion Tips Farmers Protest Mercedes Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV Smart TV Marvel Comics
Avengers Neha Kakkar Premier League Big Bang Theory
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021