#mobile manufacturing

[breaking-news-portal]

PLI Scheme Reduces India's Dependency On China; 3 Manufacturers Meet Production Targets: Report

PLI Scheme Reduces India’s Dependency On China; 3 Manufacturers Meet Production Targets: Report

The production of mobile phones in India has grown and its dependency on China has decreased as the Production Linked Incentive PLI scheme for mobile handset makers seems to be working well, says a report by Credit Rating Information Services of India Limited (CRISIL). According to the report, the local mobile production is estimated to have increased 24-26 per cent in fiscal 2022 and that three…

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[gadgets360technews]

Electronic goods export reach ₹8,806 crore mark in December 2020: ICEA

Electronic goods export reach ₹8,806 crore mark in December 2020: ICEA

The India Cellular and Electronics Association (ICEA) on Tuesday announced that the overall electronics goods exports touched the ₹8,806 crore mark in December 2020. The industry body announced that despite the challenges posed by the pandemic, the mobile phone became the highest contributor in the electronic goods segment with a total value of ₹3,061 crore, which is 50% higher than December…

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[everythingshouldbereality]

India aims to surpass China in mobile manufacturing: Ravi Shankar Prasad Image Source : PTI Telecom and IT minister Ravi Shankar Prasad India is now aiming to surpass China in the field of mobile manufacturing with the production-linked incentive (PLI) scheme attracting global majors in this segment to the country, telecom and IT minister Ravi Shankar Prasad said on Monday.

[superpruchika99world]

Laptop, tablet manufacturing in India $100 bn opportunity by 2026

Technology News Boosting export-oriented local manufacturing of laptops and tablets can open up $100 billion opportunity for India by 2026, said a new report on Wednesday.

Currently, the global manufacturing hubs for laptops and tablets are limited to a handful of countries with China being the predominant supplier to the world with 66 per cent market share in 2019, worth $100 billion.

ALSO READ: OnePlus' Android OS-based OxygenOS most preferred among Indians

"This presents an opportunity for India to ramp up the export of 'Made in India' laptops and tablets. By making in India for the world and obtain a sizable share of the global market will give us a manufacturing value of $100 billion by 2025," ICEA Chairman Pankaj Mohindroo told reporters in a virtual conference.

"It will also create five lakh additional jobs and a cumulative inflow of foreign exchange to the tune of $75 billion; and investment of over $1 billion," Mohindroo said...Read more.

[thoughtfullyprofoundtree]

Another Economic Slap on China with luv from India

Another Economic Slap on China with luv from India

Luv to China from India:

On First April or Day 8 of Lockdown, a scheme called Production Linked incentive Scheme was launched for Large Scale Electronics Manufacturing which extends an incentive of 4% to 6% on incremental sales (over base year) of goods under target segments that are manufactured in India to eligible companies, for a period of five years subsequent to the base year (FY2019-20).…

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[news24fresh]

Govt. invites applications for ₹50,000-cr. electronics-manufacture incentive schemes

Govt. invites applications for ₹50,000-cr. electronics-manufacture incentive schemes

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The government on June 2 invited applications for ₹50,000 crore incentive schemes to attract global mobile device makers and boost local companies for electronics manufacturing.

IT and Telecom Minister Ravi Shankar Prasad said, “India will initially aim to attract the top 5 global mobile manufacturing companies and also promote five local companies that will be identified through a…

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[rnewsworld]

Mobile Manufacturing हब बन सकता है India, भारत में प्लांट लगाने को तैयार कंपनियां

Mobile Manufacturing हब बन सकता है India, भारत में प्लांट लगाने को तैयार कंपनियां

नई दिल्ली:कोरोनावायरस ( coronavirus ) की वजह से हमारी अर्थव्यवस्था की हालत बेहद खराब है लेकिन जैसा कि प्रधानमंत्री मोदी ( pm modi ) ने कहा है कि आपदा को अवसर में बदलना होगा । हालिया डेवलपमेंट्स को देखकर ये बात सच होती नजर आ रही है। दरअसल खबर है कि Samsung, Foxconn, Wistron जैसी कई कंपनियां 41000 करोड़ रुपये की प्रोडक्शन लिंक इंसेटिव स्कीम के लिए अप्लाई कर सकती हैं। जिसका मतलब है कि ये कंपनियां…

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