“PM Narendramodi Ji’s vision for 2023 is mobile phone exports worth Rs. 1 lakh crore, with mobile phones featuring in the Top 10 exported category,” news agency PTI quoted Chandrasekhar as saying. He added that the government is working to broaden the electronic manufacturing ecosystem beyond phones.
‘Made in India’ smartphones
Chandrasekhar said that the government will take all the measures that are required for boosting the electronics manufacturing ecosystem in the country. Mobile phone exports from India is around Rs. 45,000 crore and is dominated by Apple and Samsung.
PTI cited electronics component makers body ELCINA cas saying that the demand for components in 2020-21 was $32 billion (approximately Rs 2.65 lakh crore) for about a $70 billion (Rs 5.8 lakh crore) industry and of this, barely $10 billion (Rs 82,000 crore) was manufactured locally.
Manufacturing IT hardware
The government had selected 14 companies for manufacturing IT hardwares under the PLI scheme for IT Hardware. Companies such as Dell, Rising Stars, Flextronics Technologies, Lava International, Dixon Technologies etc. have been roped in to make goods in India.
“We are going to complement our mobile phone successes by broadening and deepening the ecosystem. The deepening strategy has been there in semiconductor space. It is very clear we want to do more in our component industry. In the broadening, while we are growing in mobile phone space, we want to do well in IT server and hardware space, wearable and hearable space. These are all areas that are fast growing globally,” the minister said.
“We want to increase our market share in IT hardware and servers. We are today a very small player in that space. We want to increase our market share for components and global market share in wearables and hearables. It is the Prime Minister’s goal and objective that in all of these areas, we want to be a significant trusted partner to global enterprises and consumers. If that requires any additional PLI or policy we will do it,” Chandrasekhar added.
Android phone running slow: 5 things that can help
