Indian Mobile manufacturing to touch Rs 132000 crore: IT Minister

New Delhi: Indian mobile manufacturing industry is expected to touch Rs 132,000 crore by the end of 2018, Electronics and IT Minister Ra...


New Delhi: Indian mobile manufacturing industry is expected to touch Rs 132,000 crore by the end of 2018, Electronics and IT Minister Ravi Shankar Prasad said on Thursday.

India manufactured about 110 million mobile phones in 2015-16 as compared to 60 million in 2014-15, a growth of over 90 per cent. In value terms, India's mobile manufacturing industry produced mobile phones worth Rs 54,000 crore in FY15-16, compared to Rs 18,900 crore in FY14-15.

This touched Rs 94,000 crore by the end of 2017, the minister said. He was speaking at an event organised by MeitY, ASSOCHAM and Ericsson. In terms of volume, in 2014 India produced 5 crore mobile phone made locally in India, which reached 15 crore in 2015-16.

In 2017 the Indian mobile manufacturing 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 minister said that within three years, the industry added 120 such units.

Two-third of these were mobile manufacturing units and there were 54 such units in Noida alone. These industries employ 5 lakh people, he added.


-Source: News Agency

COMMENTS


*

Name

AROUND THE GLOBE,432,business,28,BY READERS,358,FEATURE,190,GLOBE,15,KERALA,6,Movie,266,SPECIAL STORY,298,TAMILNADU,2,TOP STORY,887,TRAVEL,8,
ltr
item
Local Glob: Indian Mobile manufacturing to touch Rs 132000 crore: IT Minister
Indian Mobile manufacturing to touch Rs 132000 crore: IT Minister
https://4.bp.blogspot.com/-TuZL0icSWfg/WuH-skbVeuI/AAAAAAAAAyg/5z46kKI8duQUUM2MEBcZY7mJuKQdKnBNQCLcBGAs/s320/Indian%2Bmobile%2Bmanufacturing.png
https://4.bp.blogspot.com/-TuZL0icSWfg/WuH-skbVeuI/AAAAAAAAAyg/5z46kKI8duQUUM2MEBcZY7mJuKQdKnBNQCLcBGAs/s72-c/Indian%2Bmobile%2Bmanufacturing.png
Local Glob
https://www.localglob.com/2018/04/indian-mobile-manufacturing-to-touch-rs.html
https://www.localglob.com/
http://www.localglob.com/
http://www.localglob.com/2018/04/indian-mobile-manufacturing-to-touch-rs.html
true
8255692317570297677
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy