Mobile phone production in India has reached 100 million with leading companies setting up their manufacturing base in the country, Telecom Minister Ravi Shankar Prasad said on Saturday.
“Today, I am happy to announce that in December, Rs. 1.14 lakh crore investment has come in electronic manufacturing in India.
“We have attracted around 15 new mobile plants.” “Earlier in 2014, 68 million (mobile phones) were being manufactured and now 100 million are being manufactured,” Mr. Prasad said at Global Business Summit here. Smartphone sales in India also reached 100 million by the end of December, 2015, he said.
Indian Cellular Association Founder and President Pankaj Mohindroo said that in terms of value, mobile phone production in the country has increased by 95 per cent in the ongoing financial year as compared to the previous fiscal.
@Based on the Hindu report.
