- India has made significant strides in the mobile phone manufacturing sector, emerging as the fifth-largest exporter globally for this commodity.
- Recent data from the India Cellular and Electronics Association (ICEA) reveals the remarkable progress made in achieving self-sufficiency in mobile phone production over the past decade.
- According to ICEA data, since 2014, India’s cumulative exports of mobile phones have amounted to approximately Rs 3,22,048 crore.
- The exponential growth in mobile phone production and exports can be attributed to a conducive policy environment and a collaborative approach between industry stakeholders and the government.
- India’s success in achieving self-sufficiency in mobile phone production represents a significant milestone in the country’s industrial landscape.
India has made significant strides in the mobile phone manufacturing sector, emerging as the fifth-largest exporter globally for this commodity. Recent data from the India Cellular and Electronics Association (ICEA) reveals the remarkable progress made in achieving self-sufficiency in mobile phone production over the past decade. This report analyzes the implications of this achievement and highlights the factors driving India’s success in this sector.
According to ICEA data, since 2014, India’s cumulative exports of mobile phones have amounted to approximately Rs 3,22,048 crore. This substantial growth in production and exports signifies a shift towards self-sufficiency in mobile phone manufacturing. Had India continued its dependency on imports at 2014 levels, the country would have faced an import bill exceeding Rs 14.3 lakh crore over the past decade.
The exponential growth in mobile phone production and exports can be attributed to a conducive policy environment and a collaborative approach between industry stakeholders and key government ministries. This synergy has created an ecosystem conducive to the expansion of manufacturing capabilities and the promotion of domestic value addition.
Moving forward, the ICEA emphasizes the need to capitalize on India’s achievements by attracting global electronics value chains to the country. This strategic move aims to create substantial manufacturing jobs and increase domestic value addition. However, achieving this goal requires unprecedented competitiveness and the establishment of manufacturing facilities capable of operating at an unprecedented scale in India.
India’s success in achieving self-sufficiency in mobile phone production represents a significant milestone in the country’s industrial landscape. The shift from import dependency to self-sufficiency has not only saved substantial foreign exchange but also bolstered the domestic manufacturing sector. Going forward, sustained efforts to attract global value chains and enhance competitiveness will be crucial in consolidating India’s position as a manufacturing powerhouse in the global electronics market.
(With inputs from agencies)
