India's turn to become 'factory of the world': Chinese media

[HariPrasad]

Yes , we can but we must be careful not no produce substandard goods. We must get prepared for high tech stuffs and defense equipment as well.

 

[sumoto]

Three very important factors to be kept in mind while examining the progress of "Make in India" -

(01) Indirect Tax Collections - Indirect tax collections in India rose by 39.2 per cent this fiscal with excise mop up almost doubling, a trend that is reflective of a pick up in manufacturing activity.

Indirect tax collections up 39%; excise reflects manufacturing uptick - The Economic Times

(02) Index of Industrial Priduction (IIP) - IIP figures may not be exceptionally high BUT they are sufficiently way better than what we used to have in the earlier fiscals and so is the inflation - CPI and WPI - are cooling down gradually well within tolerable limits.

Inflation cools, IIP jumps to 4-month high - The Times of India

(03) Foreign Institutional Investment (FII) & Foreign Direct Investment (FDI) - FII inflows surged a record 717 per cent to $40.92 billion in 2014-15 and FDI inflows jumped 48 per cent since Prime Minister Narendra Modi launched the ‘Make In India’ initiative in September 2014. In fact India for the first time in the last 10 years entered the Top 10 FDI destinations in the World at #9 (From #13 last Year) and ranked #1 Baseline Profitability Index at the same time.

Big surge in FII inflows in 2014-15 - The Hindu
'Make in India' launch sees 48 percent increase in FDI equity inflows | Business Standard News

India is on the right path - but crucial big ticket reforms like the GST bill is the need of the hour - GST is extremely important for "Make in India" and should be implemented by 1st July 2016 - it alone has the potential to boost the Indian Economy (GDP Growth) by 1-2%.

Bottom line is - The Lion is Roaring!

Actually GST will be the biggest reform if done
But GST has been overly tweaked in order to gain support of states.
It is a scaled down GST which will give 0.6% or around it boost to Indian GDP but
We can have it more perfected if Center wants it.
Also we must not expect GST to contribute rapid increase in GDP.
GST will start to show results in longterm.
Atleast 3 years are needed for actual results to be seen.

 

[RazorMC]

Lol have you even used micromax? or its just hot air.
It is no 1 brand in India.
The Chinese makers like lenovo and xiami are not even close to what micromax has achieved in market occupation.
Micromax has over 22% of market occupation while xioami has mere 2%.
And Intex is also a Indian brand.
So that speaks for so called 'quality' of Indian brands.
You should continue to enjoy the brands which come from your father i.e, Chinese brands.

I already know Intex is an Indian brand that is why I compared them both. But I guess kids nowadays just love to jump up and down before even reading.

Being no. 1 in India is not a quality statement of any kind. If anything, it just means it is cheap enough for more people to afford.

Regarding the underlined part:
If you weren't a moron, you'd have realized that both Intex and Micromax are just brand names for devices manufactured in China.

 

[mujhaidind]

You get what you pay for. Chinese businessman were smart enough to realize there's a market of low quality fake iPhone buyers.

Better products will be pricier, and those with money will go for renowned international brands anyway. You Indians have to find a niche for yourself, and that's what the Chinese did with their fake products - target people who don't have the money to buy the real stuff.

I am a slumdog. Wish I was born in prosperous nation of Bangladesh.

 

[sumoto]

I already know Intex is an Indian brand that is why I compared them both. But I guess kids nowadays just love to jump up and down before even reading.

Being no. 1 in India is not a quality statement of any kind. If anything, it just means it is cheap enough for more people to afford.

Regarding the underlined part:
If you weren't a moron, you'd have realized that both Intex and Micromax are just brand names for devices manufactured in China.

Duh........
Lol if we go according your knowledge then Xiaomi which occupies the largest occupancy in Chinese smartphone doesn't have quality?
Also Samsung which has been dominating several markets and lost to micromax in India in occupancy was a sh1t product until it was no 1? Now after loosing no 1 place in India it has now achieved to be called as a good quality product? Is that what you are implying by your knowledge?
Kid you are an amateur in this field so no need to tell me difference between low quality and high quality products because you are humiliating yourself.
As for your view that intex and micromax are just brand names for devices manufactured in china-
Before answering that point do tell me what is so called 'Chinese' about Xiaomi.
From sime OS to fcuking chipsets everything is american. Can you tell me even a bit which is chines excep the UI which even Indian brands can build and have in their handsets.
They are also the similar brand names which manufacture their handsets in China by assembling american sub systems just like Indian brand names.
Also if a product of a company is manufacture in any country it doesn't make the manufacturer a rightful owner of the product.

The Indian brand have shifted their manufacturing base to India.
So be updated and don't live in your own fantasy world as pakistanis have a habit of doing.

 

[banvanaxl]

Duh........
Lol if we go according your knowledge then Xiaomi which occupies the largest occupancy in Chinese smartphone doesn't have quality?
Also Samsung which has been dominating several markets and lost to micromax in India in occupancy was a sh1t product until it was no 1? Now after loosing no 1 place in India it has now achieved to be called as a good quality product? Is that what you are implying by your knowledge?
Kid you are an amateur in this field so no need to tell me difference between low quality and high quality products because you are humiliating yourself.
As for your view that intex and micromax are just brand names for devices manufactured in India-
Before answering that point do tell me what is so called 'Chinese' about Xiaomi.
From sime OS to fcuking chipsets everything is american. Can you tell me even a bit which is chines excep the UI which even Indian brands can build and have in their handsets.
They are also the similar brand names which manufacture their handsets in China by assembling american sub systems just like Indian brand names.
Also if a product of a company is manufacture in any country it doesn't make the manufacturer a rightful owner of the product.

The Indian brand have shifted their manufacturing base to India.
So be updated and don't live in your own fantasy world as pakistanis have a habit of doing.

You the Micromax Public Relations Officer?

On a serious note, please keep it civil. @RazorMC presented an opinion, you may not like it and as such you are certainly entitled to counter it but hurling obscenities is not a valid argument, especially when the other bloke hasn't hurled any your way.

Cheers

 

[proud_indian]

@Chanakya's_Chant @HariPrasad @Abingdonboy @sumoto @jatt @surya kiran @INDIAISM

 

[sumoto]

You the Micromax Public Relations Officer?

On a serious note, please keep it civil. @RazorMC presented an opinion, you may not like it and as such you are certainly entitled to counter it but hurling obscenities is not a valid argument, especially when the other bloke hasn't hurled any your way.

Cheers

Nope but if you want to become one then ask razormc he has excellent knowledge about 'quality' of product.

@Chanakya's_Chant @HariPrasad @Abingdonboy @sumoto @jatt @surya kiran @INDIAISM

Now that's more like it.

 

[Magi Brahmin]

@Chanakya's_Chant @HariPrasad @Abingdonboy @sumoto @jatt @surya kiran @INDIAISM

@cirr @Chinese-Dragon

 

[Magi Brahmin]

I hope Modi will bring more changes for India to manufacture.

I hope Pakistani economy will grow @ 12%-15% by year because of CPEC.

I hope Modi will bring more changes for India to manufacture.

I hope Pakistani economy will grow @ 12%-15% by year because of CPEC.

I hope Modi will bring more changes for India to manufacture.

I hope Pakistani economy will grow @ 12%-15% by year because of CPEC.

 

[proud_indian]

@Chanakya's_Chant @HariPrasad @Abingdonboy @sumoto @jatt @surya kiran @INDIAISM @Mahakaal @Jaanbaz_1990

now is the real deal

 

[proud_indian]

India's Adani in talks with Softbank, Foxconn on $3 billion solar plan

NEW DELHI | BY KRISHNA N. DAS

​

Billionaire Gautam Adani speaks during an interview with Reuters at his office in Ahmedabad April 2, 2014.

REUTERS/AMIT DAVE/FILES

India's Adani Group is in talks with Japan's Softbank (9984.T) and Foxconn (2354.TW), maker of Apple's iPhone, to secure investment in a $3 billion project to make solar cells and panels in the country, two sources with knowledge of the matter said.

Prime Minister Narendra Modi's government expects clean energy to yield business worth $160 billion in India in the next five years, based on the country's power generation targets.

Softbank, Foxconn and Bharti Enterprises have already pledged to invest about $20 billion in solar projects in India. A new deal with Adani, one of the country's largest conglomerates, would boost Modi's efforts to promote manufacturing and create sorely needed jobs.

One of the sources, who is involved in the negotiations, said that over the past few weeks, the billionaire founder of the mines-to-power Adani Group, Gautam Adani, had held talks with Softbank Chairman Masayoshi Son and Foxconn head Terry Gou.

"(Adani) are talking to Softbank, they are talking to Foxconn. They may partner with both of them. Something will be finalised in the coming few months," the source said.

Both sources said the deal was yet to be finalised. Under the current discussions, Softbank and Foxconn, which have a string of planned and executed in investments in India, could directly inject money into the project.

Foxconn Technology Group, Softbank and Adani all declined to comment.
One of the sources said the talks had gathered pace after Adani and U.S. solar power company SunEdison (SUNE.N) two months ago ended a $4 billion agreement struck earlier this year, on a similar project.

"That deal could not mature," said the India-based source. "They were charging too much on the technology fee."

HERE COMES THE SUN
Under the planned project, Adani is looking to set up a plant to produce 3 gigawatts (GW) of solar cells and panels, probably in Modi's home state of Gujarat by 2020, said the source. Adani is based in the state and is said to be close to the prime minister.

The first phase of 1 GW will be completed by 2018 and the company has already started buying equipment for it.

India is relying on renewables to fight climate change rather than committing to emission cuts like China, arguing that any target could hinder economic growth vital to lifting millions of its people out of poverty.

Modi has set clean-energy targets including raising solar capacity fivefold to 100 gigawatts (GW) by 2022, as India's peak power demand doubles over the next five years from about 140 GW now.

But most of the investment in the sector is expected to come either from foreign investors or companies such as SunEdision, Trina (TSL.N) and First Solar (FSLR.O).

(Additional reporting by Tommy Wilkes, Swetha Gopinath and Jatindra Dash; Editing by Clara Ferreira Marques and David Evans)

India's Adani in talks with Softbank, Foxconn on $3 billion solar plan| Reuters​

 

[Chanakya's_Chant]

@Chanakya's_Chant @HariPrasad @Abingdonboy @sumoto @jatt @surya kiran @INDIAISM

India-made smartphones' share jumps to 24.8% in Q2: Study

While players like Samsung, Micromax and Spice have been assembling handsets in India, firms like HTC, Asus and Gionee have evinced interest in setting up a manufacturing base.​

BENGALURU: Government's 'Make in India' initiative seems to have begun bearing fruits as 24.8% of the smartphones shipped in the country during the June quarter were made locally compared with 19.9% in preceding quarter, according to a report.

According to the research firm CyberMedia Research, a total of 56.6 million handsets were shipped during the June quarter, of which smartphones comprised 43% (24.8 million units) of the volume.

Smartphone shipments in the country grew to 24.41 million units in the June quarter, with Korean handset maker Samsung continuing to hold the numero uno position in the Indian market.

"The 'Make in India' campaign has had a positive impact on mobile handsets manufacturing in the country. Of the total handsets shipped in Q2 CY2015, 24.8% were manufactured and/or assembled in India compared to 19.9% in the previous quarter (Q1 CY 2015)," it said.

Government has been pushing for promoting manufacturing in the country, especially electronics. A significant volume of mobile handsets sold in India are manufactured in China and Taiwan and estimates suggest that given the strong growth seen in the Indian market, import bills for electronics could be higher than that of crude oil by 2020.

While players like Samsung, Micromax and Spice have been assembling handsets in the country, firms like HTC, Asus and Gionee have evinced interest in setting up a manufacturing base in the country.

In the past few weeks, Xiaomi and Motorola, along with Lenovo, have commenced assembly of smartphones in India.

While CMR calls this a "positive development", it also said the strong position enjoyed by Chinese brands (China OEMs and brands) in the smartphones category is a growing concern.

The contribution of Chinese brands grew 97% year-on-year (YoY) during the June quarter as against 48% for Indian brands within the smartphone segment, it said.

"Such influence and acceptance of Chinese brands poses a challenge to emerging as well as incumbent Indian brands of smartphones," it added.

Expressing his concern, CMR lead analyst telecoms practice, Faisal Kawoosa said, "Although domestic manufacturing of mobile phones has increased, the government must introduce minimum value addition norms for mobile handsets as a threshold for qualifying to be labelled as 'Made in India'."

This will push the industry to devise ways and techniques to increase the value of domestic contribution across the value chain, he added.

Source:- India-made smartphones' share jumps to 24.8% in Q2: Study - The Times of India

 

[proud_indian]

Xiaomi joins ‘Make in India’ programme with local manufacturing in Andhra Pradesh

Xiaomi launches MIUI 7 in India

 

[proud_indian]

Make in Telangana: Celkon opens mobile handsets manufacturing unit

ET Bureau Jun 27, 2015, 11.29AM IST

(Currently, the unit has…)

NEW DELHI: Indian handset brand Celkon has opened its first manufacturing facility in Telangana's Medchal Industrial Estate, a move that will help drive the cost of its phones 7-8 per cent lower.

With an ongoing investment totalling Rs 200 crore, the factory will produce both feature and smartphones in the entry- to mid-level price segment initially, the company said in a statement on Friday. Sixty per cent of the handsets manufactured in the factory will be feature phones while the rest will be smartphones. The factory will start with four production lines with a capacity to produce 2 lakh units a month.

The production lines will be increased to 12 and the production is expected to touch 5 lakh units per month within the next quarter, with the ultimate aim of reaching 10 lakh devices a month, the company added. Celkon sells 7 lakh handsets a month and is targeting 10 lakh a month in sales going forward. It imports all its devices as of now. The facility employs 500 skilled technicians and will eventually scale up to 1,200 people.

"This also comes in at a time when India is poised to become the largest consumer base for mobile phones," Y Guru, chairman and managing director at Celkon Mobiles, said in the statement.

The facility was inaugurated by Telangana's minister for IT and panchayat raj Kalvakuntla Taraka Rama Rao.
The state government had earlier said that Micromax, India's second largest handset manufacturer, will also set up its manufacturing plant in Hyderabad with an investment of Rs 400-500 crore.

Celkon's move comes after a host of overseas handset makers including Xiaomi, Motorola and Asus, apart from homebred ones such as Micromax, Lava, Intex and Karbonn, said they are examining local manufacturing. The government has made imported phones more expensive than the ones made in India in the 2015-16 Budget.

Last September, the company's executive director Murali Retineni had told ET that it will be 7-8 per cent cheaper for the company to manufacture its handsets in India compared with China, post the duty changes in the Budget.

According to analysts, Celkon was among the top 3 Indian players in 2011-12 when smartphone penetration was less than 7 per cent in the country. But the company was not been able to convert its success in feature phones to a success in smartphones.

http://articles.economictimes.indiat...urali-retineni


video of their manufacturing unit