99% Indian-made cellphones in nation at the moment, says Union minister Ashwini Vaishnaw

Taking a swipe at opposition events, Union Minister Ashwini Vaishnaw on Monday mentioned that about 99 per cent mobiles telephones utilized in India are domestically manufactured, a major transformation from a decade in the past when 98 per cent had been imported.

Addressing the press in Hosur, Tamil Nadu, the union electronics and data expertise minister mentioned, “There are some very famous people who want to criticise the growth of the mobile phone industry in the country. They forget the employment in the mobile phone industry, they forget that 2.5 lakh employees are directly employed in the mobile phone industry, they forget that every passing day, the country’s growth in the value chain is increasing. There are some big leaders in the Opposition who still believe that mobile phones are imported.”

Vaishnaw further said that today India has potential to have an exports-led growth in the electronic sector.

“10 years ago, 98 per cent of mobile phones used in India were imported. Today, 99.2 per cent of the mobile phones used in India are made in India. That is the success of the ‘Make In India’ programme of Prime Minister Modi,” he added.

iPhone maker Foxconn plans enlargement in India

In different news, iPhone producer Hon Hai Precision Industry Co., often known as Foxconn, is about to take a position roughly NT$50 billion (round ₹13,300 crore) in development tasks, increasing its presence in India.

This transfer aligns with Taiwanese electronics producers, together with Foxconn, diversifying exterior China amid rising tensions between Washington and Beijing.

The firm has been manufacturing iPhones in India for years, together with the most recent iPhone 15.

‘India has opportunity to be China’s various’

As China faces recurring respiratory outbreaks, India has the chance to determine itself as a world manufacturing hub, significantly in cellphones and laptops, by enhancing its provide chain capabilities and investing in healthcare infrastructure, in accordance with a report by the Global Trade Research Initiative (GTRI).

The report emphasises the necessity for companies to reassess international provide chains and discover alternate options to mitigate dangers within the wake of varied outbreaks, together with COVID-19.