Mobile manufacturing in India to touch Rs 132,000 crore: IT Minister

[itachii]

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 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.

https://www.google.com/amp/s/m.gadg...rore-it-minister/amp_articleshow/63929116.cms

@Nilgiri

 

[itachii]

India mobile manufacturing industry to touch Rs 132000 cr by 2018: Ravi Shankar Prasad
Indian mobile manufacturing industry is expected to touch Rs 1,32,000 crore by end of 2018, said Ravi Shankar Prasad

NEW DELHI: Indian mobile manufacturing industry is expected to touch Rs 1,32,000 crore by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology on Thursday.

In India, about 110 million mobile phones were manufactured in 2015-16 as compared to 60 million in 2014-15 thereby recording over 90% growth.Moreover, India’s mobile manufacturing industry produced mobile phones worth Rs 54000 crore in FY15-16 as compared to Rs 18900 crore in FY14-15. By the end of 2017, the number reached Rs 94000 crore.

Talking about the volume, Prasad told that in 2014 India produced 5 core mobile phones which were made locally which increased to 15 crore in 2015-16. It further grew to 22 million mobile phones in 2017. “The industry would produce 50 million mobile phones by 2020,” he said.
Giving an overview of the electronics manufacturing units, the minister said within three years, the industry added 120 such units out of which two-third are mobile manufacturing units and there are 54 such units in Noida alone. “On top of that these industries employ 5 lakh people,” he added.

He further commented India has the world’s third largest start-up community after US and England and India has a vision of taking its digital sector to $1 trillion in next five years while creating 50 lakh to 70 lakh new jobs.

“The government will give grant of Rs. 5 crore to start-ups doing innovation in the field of cyber security and healthcare,” he said.

https://www.google.com/amp/s/teleco...32000-cr-by-2018-ravi-shankar-prasad/63925680

 

[ashok321]

Here is Pandit Ravi Shankar Prasad feku:

https://twitter.com/x/status/989811280650362880

If he can go opposite the truth brazenly against SC judgment then you know what he can not achieve by multiplying and manufacturing more lies.

Master of deceit and disinformation.
Pandit Ravi Shankar Prasad.
He is tainted with receiving kickbacks from Sahara group.

This is how the BJP walas hide what they do not like, and publish what they like even if those are lies:

https://thewire.in/media/times-of-india-vasundhara-raje-bjp-narendra-modi-press-censorship

Never to believe BJP propaganda.