India now second largest mobile phone manufacturing hub in the world: Ravi Shankar Prasad

“Under the leadership of PM @narendramodi , India has emerged as the 2nd largest mobile phone manufacturer in the world. In the last 5 years, more than 200 Mobile Phone Manufacturing units have been set up. #ThinkElectronicsThinkIndia,” Prasad posted on Twitter.

Under the leadership of PM @narendramodi, India has emerged as the 2nd largest mobile phone manufacturer in the world. In the last 5 years, more than 200 Mobile Phone Manufacturing units have been set up. #ThinkElectronicsThinkIndia pic.twitter.com/fGGeCRpj87

— Ravi Shankar Prasad (@rsprasad) June 1, 2020

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The Ministry of Electronics and IT also noted, “Now is the opportunity for companies to consider #India as a destination in ESDM sector and be part of the next largest #ElectronicManufacturing Hub of the world. #ThinkElectronicsThinkIndia.” The government will announce new schemes at 12:00pm on June 2 to take “Indian Electronics forward”.

Several smartphone companies including Apple are considering beginning locally manufacturing phones. Many already manufacture their products in the country. Xiaomi India head Manu Kumar Jain tweeted that 99 per cent of Mi and Redmi phones are Made-in-India and 65 per cent parts are locally sourced.

Super proud: #India has become the 2nd largest manufacturing hub in the world for phones! 🇮🇳

Our 1st manufacturing plant started 5 years ago. Today:
🏭 99% phones #MadeInIndia
📱 65% parts locally sourced
👨‍🏭 35,000 workforce
👩‍🏭 95% are women#Xiaomi ❤️ #MakeInIndia #ProudIndian https://t.co/r1F0DiFwBJ

— Manu Kumar Jain (@manukumarjain) June 1, 2020

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Apple already manufactures some iPhone models locally in India with the help of its collaboration with contract manufacturers Wistron and Foxconn. Some reports now suggest that the Cupertino major is looking to begin local manufacturing more and more of its products and taking advantage of the production-linked incentive (PLI) scheme.