India emerges as top smartphone supplier to US; electronics manufacturing stands at ₹12 lakh cr: Vaishnaw
This growth reflects India's focus on becoming a global hub for technology production, making advanced electronics more widely available and supporting the Prime Minister's goal of inclusive access to technology for all citizens, Vaishnaw said.
"Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said
According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital sector.
In 2014-15 only 26% of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2% of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from ₹18,900 crore in FY14 to a staggering ₹4,22,000 crore in FY24.
Meanwhile, Prime Minister Narendra Modi earlier today flagged off three
Vande Bharat
Trains - Ajni(Nagpur)-Pune Vande Bharat, KSR Bengaluru-Belgavi Vande Bharat and the Shree Mata Vaishnodevi Katra-Amritsar from KSR Bengaluru Railway station.
With these additions, the total number of Vande Bharat trains in the country will rise to 150 (75 pairs), Vaishnaw posted on X.
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