\u00a0<\/p>\n
Ashwini Vaishnaw<\/strong><\/a>, the Minister of Electronics and Information Technology, has hailed India\u2019s mobile industry\u2019s remarkable evolution, showcasing a staggering 20% growth over nine years. The recent announcement on X, formerly Twitter<\/strong><\/a>, highlighted the monumental transformation witnessed in India\u2019s mobile sector.<\/p>\n \u00a0<\/p>\n Met Mobile industry to review progress. 2014: 78% import dependent \u2014 Ashwini Vaishnaw (@AshwiniVaishnaw) November 25, 2023<\/a><\/p>\n\n \u00a0<\/p>\n \u00a0<\/p>\n \u201cMet Mobile industry to review progress. The industry has grown 20 times in 9 years. 2014: 78% import-dependent 2023: 99.2% of all mobiles sold in India are \u2018Made In India<\/strong><\/a>\u2019,\u201d Vaishnaw asserted after extensive discussions with industry stakeholders.<\/p>\n \u00a0<\/p>\n The numbers speak volumes: from a significant 78% import dependency in 2014, India has steadily advanced, with an impressive 99.2% of mobile devices now \u2018Made in India<\/strong><\/a>.\u2019 This monumental shift underscores the industry\u2019s substantial progress and transformation over the past decade.<\/p>\n \u00a0<\/p>\n Several key manufacturers, including BBK-owned Oppo, Vivo, OnePlus, and Xiaomi, have established production and assembly facilities in India. Notably, even iPhones are now assembled in India, spanning across Foxconn\u2019s Tamil Nadu plant and other facilities like Winstron and Pegatron.<\/p>\n \u00a0<\/p>\n This year witnessed the launch of \u2018Assembled in India\u2019 iPhone 15 models, catering directly to the Indian market from the very day of their launch.<\/p>\n \u00a0<\/p>\n Moreover, Tata Group\u2019s<\/strong> <\/a>recent acquisition of Winstron\u2019s India operations has forecasted a promising future. With plans to commence iPhone manufacturing within two and a half years, the Tata Companies\u2019 move aligns with Prime Minister Narendra Modi\u2019s PLI scheme<\/strong><\/a>, as lauded by Rajeev Chandrasekhar<\/strong><\/a>, India\u2019s Minister of State for Electronics and Information Technology.<\/p>\n \u00a0<\/p>\n Apple\u2019s intensified focus on the Indian market is evident with the inauguration of two official Apple stores \u2013 Apple BKC<\/strong><\/a> in Mumbai and Apple Saket in New Delhi \u2013 further solidifying its commitment and interest in India\u2019s tech landscape.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Industry Growth:<\/strong> Indian mobile industry surged by an astounding 20% in just nine years, showcasing remarkable progress.<\/p>\n \u00a0<\/p>\n Shift in Dependency:<\/strong> From 78% import dependence in 2014, India now proudly asserts that 99.2% of mobile phones sold in the country are \u2018Made in India.<\/p>\n \u00a0<\/p>\n Government\u2019s Role:<\/strong> Ashwini Vaishnaw, the Minister of Electronics and Information Technology, highlighted this transformation, emphasizing a positive shift after discussions with industry stakeholders.<\/p>\n \u00a0<\/p>\n Manufacturing in India:<\/strong> Leading brands such as Oppo, Vivo, OnePlus, Xiaomi, and Apple have been actively manufacturing and assembling smartphones within India, contributing significantly to the \u2018Make in India\u2019 initiative.<\/p>\n \u00a0<\/p>\n Apple\u2019s India Focus:<\/strong> Apple\u2019s deeper commitment to the Indian market is evident with the establishment of two official Apple stores in Mumbai and New Delhi. Additionally, there are substantial plans to manufacture iPhones locally.<\/p>\n \u00a0<\/p>\n Tata\u2019s Venture:<\/strong> Tata Group\u2019s acquisition of Winstron\u2019s India operations signifies a significant stride towards iPhone manufacturing within the country in the near future.<\/p>\n \u00a0<\/p>\n Positive Industry Impact:<\/strong> The substantial growth and focus on \u2018Make in India\u2019 initiatives underscore the country\u2019s expanding role in global tech manufacturing.<\/p>\n The post Indian Mobile Industry\u2019s Remarkable Growth: 20% Surge in 9 Years, Says Ashwini Vaishnaw<\/a> appeared first on Before You Take<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u00a0 Ashwini Vaishnaw, the Minister of Electronics and Information Technology, has hailed India\u2019s mobile industry\u2019s remarkable evolution, showcasing a staggering 20% growth over nine years. The recent announcement on X, formerly Twitter, highlighted the monumental transformation witnessed in India\u2019s mobile sector. \u00a0 Met Continue reading Indian Mobile Industry\u2019s Remarkable Growth: 20% Surge in 9 Years, Says Ashwini Vaishnaw<\/span>
Industry has grown 20 times in 9 years. <\/p>\n
2023: 99.2% of all mobiles sold in India are \u2018Made In India\u2019. pic.twitter.com\/SxUeDwNjsn<\/a><\/p>\nKey Points:<\/h2>\n