Indian Mobile Industry Booms: 99.2% Of Phones Sold Are ‘Made In India’!
Electronics and Information Technology Minister Ashwini Vaishnaw shared the remarkable achievement of the Indian mobile industry. Vaishnaw said on X, formerly known as Twitter, that India’s mobile industry has grown 20 percent in just nine years.
“Look at the mobile industry to gauge the progress. The industry has grown 20 times in 9 years. 2014: 78% import dependent 2023: 99.2% of all mobile phones sold in India are ‘Made In India’,” said Ashwini Vaishanaw.
Met Mobile industry to review progress.Industry has grown 20 times in 9 years.2014: 78% import dependent2023: 99.2% of all mobiles sold in India are ‘Made In India’. pic.twitter.com/SxUeDwNjsn
— Ashwini Vaishnaw (@AshwiniVaishnaw) November 25, 2023
This was especially after he met with top industry stakeholders to discuss the state of mobile phones in India.
According to the minister’s remarks, in 2014, India was import-dependent, with 78% of all mobile devices imported, but the number has gradually declined. It is now claimed that 99.2% of mobile phones sold in India are now ‘Made in India’, marking a positive change in the evolution of the industry over the past decade.
Most manufacturers, including Chinese companies such as BBK-owned Oppo, Vivo, OnePlus or Xiaomi, have manufactured and assembled smartphones in India.
Also, it cannot be forgotten that iPhones are also now assembled in India – Foxconn’s Tamil Nadu factory and several others including Winstron and Pegatron.
Especially this year, the “Assembled In India” iPhone 15 models were available for purchase by Indian customers right on the day of release.
Additionally, the Tata group recently completed the acquisition of Winstron’s Indian operations and aims to start manufacturing iPhones in about two and a half years. “In just two-and-a-half years, Tata Companies will start manufacturing iPhones in India for the domestic and international markets,” India’s Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said, praising Prime Minister Narendra Modi’s PLI scheme last month. . “Congratulations to the Tata team for taking over Wistron operations,” he added.
Apple has also focused much more on the Indian market and now also has two official Apple stores in the country – Apple BKC in Mumbai and Apple Saket in New Delhi.
