Industry poised to produce 50M phones by 2020
Indian mobile manufacturing industry is expected to touch Rs.132,000 crore by end of 2018, said Ravi Shankar Prasad, Minister of Electronics & Information Technology (MeitY).
India manufactured about 110 million mobile phones in 2015-16, up 90% on 60 million made in 2014-15.
In value terms, India’s mobile manufacturing industry produced mobile phones worth Rs.54,000 crore in FY15-16, up from Rs.18,900 crore in FY14-15.
By end of 2017, it was Rs.94,000 crore, he said at the MeitY – ASSOCHAM–Ericsson Joint ICT Start-Ups Awards–2018 held in New Delhi on 26 April 2018.
India’s mobile phone production increased to 15 crore in 2015-16 from five crore in 2014.
In 2017, the Indian industry produced 22 million mobile phones.
“The industry would produce 50 million mobile phones by 2020,” said the minister.
In terms of electronics manufacturing units, the industry added 120 such units within the last three years, according to Prasad.
“Two-third of these are mobile manufacturing units and there 54 such units in Noida alone. On top of that these industries employ 5 lakh people,” he added.
India has the world’s third largest start-up community after US and England, he pointed out.
He said that his ministry is working in mission mode to make India’s digital sector US$1 trillion economy in next five years and has potential to create 50 lakh to 70 lakh new jobs.
“We would like India to become a center of small product cyber security and we must look at how IT can help India become a big center of data analysis,” he said.
The Minister expects BPO industry should move to small towns where overhead costs are less compared to big cities. About 48,000 seats have been planned with distribution across states and UTs based on population percentage.
It excluded metro cities like Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region, Pune and North Eastern states.
He further said, about 86 new BPOs operating in 27 states excluding digitally rich areas. BPO centres have already come up in Patna and Muzaffarpur, while such centres would soon be opened in smaller cities like Ghazipur, Jahanabad and Gaya etc, he said.
‘The government will give grant of Rs.5 crore to start-ups doing innovation in the field of cyber security and healthcare”, said Prasad.
Prasad said today 250 hospitals across the country have been turned into e-hospitals and more than 2 crore of patients are taking benefits of the e-hospitals.
The minister said eNAM has linked more than 500 market mandis with 70 lakhs of farmers negotiating their price.
The Minister also expects increasing adoption of the Umang (Unified Mobile Application for New-age Governance) app, Bharat Interface for Money (BHIM) app that enables secure cashless payments through mobile phones. fii-news.com
