LIVE TV DownloadNews18 App
News18 English
»
1-min read

'India Well on Path to Produce 50 Crore Mobile Phones by 2020'

"In 2014, we produced 6 crore mobile phones. In 2016-17, we produced 17.5 crore mobile phones and we are well on path to producing 50 crore mobile phones by 2019-20," IT Ministry Additional Secretary Ajay Kumar said.

PTI

Updated:September 13, 2017, 11:48 PM IST
facebookTwittergoogleskypewhatsapp
'India Well on Path to Produce 50 Crore Mobile Phones by 2020'
(Representative Image: Reuters)
Loading...
New Delhi: 'Made in India' phones have seen significant growth, with the number of such devices poised to touch the 50 crore mark by 2019-20, an official said on Wednesday.

"In 2014, we produced 6 crore mobile phones. In 2016-17, we produced 17.5 crore mobile phones and we are well on path to producing 50 crore mobile phones by 2019-20," IT Ministry Additional Secretary Ajay Kumar said at an event here.

He added that the value addition in these indigenously made phones has also grown significantly over the years.

"It was 10 percent or so and now, it is 20 percent and hopefully by 2020, it will be 35 per cent or so," he said.

Kumar was speaking at an event to mark the 50th anniversary of setting up of ELCINA, an industry body
representing electronics manufacturers.

Minister of State for Home Affairs Kiren Rijiju lauded the role played by the electronics sector in empowering the country.

"The first thing I always stress is it must be Made in India... you can acquire technology by collaboration, by signing MoU... we keep national interest on top of the mind... we will acquire the perfection of the particular item or instrument but in long term, we must ensure that it must be Made in India," he said.

He also called on the industry to come forward with their views and suggestions on promoting Indian companies in areas of defence technology.

"I seek your opinion and suggestion. Please come up as industry as a whole. You must come up with a clear-cut suggestion, please identify that these are the bottlenecks, please suggest that government adopt this policy so that we become a manufacturing hub," he added.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,375.45 -0.08
Infosys 738.95 2.31
Indiabulls Hsg 732.60 4.96
Axis Bank 755.75 -0.68
HDFC 1,987.55 1.00
Company Price Change %Gain
Larsen 1,372.85 1.19
Reliance 1,375.60 0.03
SpiceJet 91.65 16.38
Infosys 738.50 2.36
ICICI Bank 393.00 -1.29
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 732.60 4.96
Hindalco 207.15 2.37
Infosys 738.95 2.31
Wipro 261.55 1.59
Dr Reddys Labs 2,751.65 1.59
Company Price Change %Gain
Infosys 738.50 2.36
HDFC Bank 2,299.20 1.39
Yes Bank 252.15 1.27
Larsen 1,372.85 1.19
Sun Pharma 474.35 1.07
Top Losers
Company Price Change %Gain
HPCL 275.10 -5.38
Zee Entertain 443.20 -4.84
BPCL 389.15 -4.57
NTPC 129.25 -4.19
ONGC 151.85 -3.28
Company Price Change %Gain
NTPC 129.30 -4.29
ONGC 151.85 -3.28
Coal India 237.20 -2.43
Tata Steel 513.55 -2.41
Maruti Suzuki 6,680.80 -2.22

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results