Ashwini Vaishnaw, the Minister of Electronics and Information Technology, has hailed India’s mobile industry’s remarkable evolution, showcasing a staggering 20% growth over nine years. The recent announcement on X, formerly Twitter, highlighted the monumental transformation witnessed in India’s mobile sector.
Met Mobile industry to review progress.
📱Industry has grown 20 times in 9 years.👉2014: 78% import dependent
👉2023: 99.2% of all mobiles sold in India are ‘Made In India’. pic.twitter.com/SxUeDwNjsn— Ashwini Vaishnaw (@AshwiniVaishnaw) November 25, 2023
“Met 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 ‘Made In India’,” Vaishnaw asserted after extensive discussions with industry stakeholders.
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 ‘Made in India.’ This monumental shift underscores the industry’s substantial progress and transformation over the past decade.
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’s Tamil Nadu plant and other facilities like Winstron and Pegatron.
This year witnessed the launch of ‘Assembled in India’ iPhone 15 models, catering directly to the Indian market from the very day of their launch.
Moreover, Tata Group’s recent acquisition of Winstron’s India operations has forecasted a promising future. With plans to commence iPhone manufacturing within two and a half years, the Tata Companies’ move aligns with Prime Minister Narendra Modi’s PLI scheme, as lauded by Rajeev Chandrasekhar, India’s Minister of State for Electronics and Information Technology.
Apple’s intensified focus on the Indian market is evident with the inauguration of two official Apple stores – Apple BKC in Mumbai and Apple Saket in New Delhi – further solidifying its commitment and interest in India’s tech landscape.
Key Points:
Industry Growth: Indian mobile industry surged by an astounding 20% in just nine years, showcasing remarkable progress.
Shift in Dependency: From 78% import dependence in 2014, India now proudly asserts that 99.2% of mobile phones sold in the country are ‘Made in India.
Government’s Role: Ashwini Vaishnaw, the Minister of Electronics and Information Technology, highlighted this transformation, emphasizing a positive shift after discussions with industry stakeholders.
Manufacturing in India: Leading brands such as Oppo, Vivo, OnePlus, Xiaomi, and Apple have been actively manufacturing and assembling smartphones within India, contributing significantly to the ‘Make in India’ initiative.
Apple’s India Focus: Apple’s 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.
Tata’s Venture: Tata Group’s acquisition of Winstron’s India operations signifies a significant stride towards iPhone manufacturing within the country in the near future.
Positive Industry Impact: The substantial growth and focus on ‘Make in India’ initiatives underscore the country’s expanding role in global tech manufacturing.
