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India emerges as top smartphone supplier to US; electronics manufacturing stands at ₹12 lakh cr: Vaishnaw
India emerges as top smartphone supplier to US; electronics manufacturing stands at ₹12 lakh cr: Vaishnaw

Time of India

timea day ago

  • Business
  • Time of India

India emerges as top smartphone supplier to US; electronics manufacturing stands at ₹12 lakh cr: Vaishnaw

Union Minister Ashwini Vaishnaw on Sunday said India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth ₹12 lakh crore. Highlighting the government's vision, Vaishnaw, addressing the inauguration ceremony of Metro projects in Bengaluru today, said that India's electronic production has grown six times in the last 11 Railway Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market. 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.

PM flags off Nagpur-Pune Vande Bharat, CM attends Nagpur launch
PM flags off Nagpur-Pune Vande Bharat, CM attends Nagpur launch

Hindustan Times

timea day ago

  • Hindustan Times

PM flags off Nagpur-Pune Vande Bharat, CM attends Nagpur launch

Prime Minister Narendra Modi on Sunday flagged off the Ajni(Nagpur)-Pune Vande Bharat Express from KSR Bengaluru Railway Station through a video link, along with two other Vande Bharat services, KSR Bengaluru-Belagavi and Shree Mata Vaishnodevi Katra-Amritsar. The launch ceremony at Nagpur Railway Station was attended by Maharashtra chief minister Devendra Fadnavis, Union minister for Road Transport and Highways Nitin Gadkari and other dignitaries. (HT PHOTO) The launch ceremony at Nagpur Railway Station was attended by Maharashtra chief minister Devendra Fadnavis, Union minister for Road Transport and Highways Nitin Gadkari and other dignitaries. The Nagpur-Pune train, adorned with flowers for its maiden journey, drew large crowds, taking photographs and exploring its modern features. As per information given by the railways, the Ajni-Pune Vande Bharat Express is the longest-running Vande Bharat service in the country, covering 881km with 10 intermediate halts - Wardha, Badnera, Akola, Shegaon, Bhusaval, Jalgaon, Manmad, Kopargaon, Ahmednagar and Daund Chord Line. It is also the fastest train on this route, operating at an average speed of 73kmph, and is the 12th Vande Bharat service in Maharashtra. Significantly, it is the first Vande Bharat to serve the Wardha-Manmad stretch, a previously unserved section, thereby improving rail connectivity for towns and cities along the way. The train has eight coaches, one executive chair car and seven regular chair cars with seating capacity of 530 passengers. Regular service will begin on August 11 from Pune (Train No 26101) and August 12 from Ajni (Train No 26102), running six days a week, except Tuesday from Pune and Monday from Ajni. Train No 26101 will depart Pune at 06:25 hours and reach Ajni at 18:25 hours, while Train No 26102 will leave Ajni at 09:50 hours and arrive in Pune at 21:50 hours. Reservations are open at all computerised booking centres and on the IRCTC website. 'We expect this new service to significantly boost connectivity between Nagpur and Pune, two rapidly-growing urban centres with thriving industries, educational hubs, medical institutions, and tourism potential. The Vande Bharat Express is expected to promote trade, tourism and economic growth in Maharashtra while showcasing the government's commitment to modern, indigenous rail infrastructure under the 'Make in India' initiative,' said Hemantkumar Behera, spokesperson for the Pune Railway Division Citizens are happy with the new launch. 'I have been traveling between Pune and Nagpur for work for years, and the journey is long with limited comfort options. Vande Bharat has spacious seats and the large windows make the journey so much more pleasant. More importantly, cutting down on travel time means I can make more trips without feeling exhausted. This is not just a faster train, it's a much-needed upgrade for passengers like me who travel frequently for business and family visits,' said Rohit Padiyar, a Pune-based entrepreneur.

India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw
India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

Time of India

time2 days ago

  • Business
  • Time of India

India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

India is now a leading smartphone supplier to the US. Electronics manufacturing has reached Rs 12 lakh crore. Electronic production has grown six times in 11 years. Exports have increased eightfold to Rs 3 lakh crore. India is the second-largest mobile phone manufacturer. The country now has over 300 manufacturing units, a significant rise from just two in 2014. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Union Minister Ashwini Vaishnaw on Sunday said India has become the top supplier of smartphones to the United States , with electronics manufacturing now worth Rs 12 lakh the government's vision, Vaishnaw, addressing the inauguration ceremony of Metro projects in Bengaluru today, said that India's electronic production has grown six times in the last 11 Railway Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market 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 saidAccording 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 2014-15 only 26 per cent 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 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in 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.

India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw
India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

Economic Times

time2 days ago

  • Business
  • Economic Times

India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

Synopsis India is now a leading smartphone supplier to the US. Electronics manufacturing has reached Rs 12 lakh crore. Electronic production has grown six times in 11 years. Exports have increased eightfold to Rs 3 lakh crore. India is the second-largest mobile phone manufacturer. The country now has over 300 manufacturing units, a significant rise from just two in 2014. PTI Union Minister Ashwini Vaishnaw (File Photo) Related Union Minister Ashwini Vaishnaw on Sunday said India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh crore. Highlighting the government's vision, Vaishnaw, addressing the inauguration ceremony of Metro projects in Bengaluru today, said that India's electronic production has grown six times in the last 11 years. The Railway Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics 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 2014-15 only 26 per cent 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 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in 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.

PM Modi flags off three new Vande Bharat trains: Routes, runtime & more- All you need to know
PM Modi flags off three new Vande Bharat trains: Routes, runtime & more- All you need to know

Time of India

time2 days ago

  • Business
  • Time of India

PM Modi flags off three new Vande Bharat trains: Routes, runtime & more- All you need to know

PM Modi after inaugurating three new Vande Bharat trains NEW DELHI: Prime Minister Narendra Modi on Sunday flagged off three new Vande Bharat Express trains from KSR Bengaluru railway station, further expanding India's semi-high-speed rail network. The new services — Ajni (Nagpur)-Pune, KSR Bengaluru-Belagavi, and Shree Mata Vaishnodevi Katra-Amritsar — are aimed at cutting travel time, boosting tourism, and improving passenger convenience. 150 Vande Bharat trains now operational The new additions — take the total count of Vande Bharat trains running across India to 150, according to Railway Minister Ashwini Vaishnaw. Fastest train on Bengaluru–Belagavi route The Bengaluru–Belagavi Vande Bharat Express is the 11th such service in Karnataka. Numbered 26751/26752, it will cover the 611 km journey in 8 hours and 20 minutes, making it the fastest train between the two cities. Railway officials said it will save around 1 hour and 20 minutes from KSR Bengaluru to Belagavi and 1 hour 40 minutes on the return trip compared to existing services. It will run six days a week, except Wednesday. The route links Bengaluru, India's Silicon City, with Belagavi, a hub of premier medical and engineering institutions, fostering economic and educational opportunities. It passes through Karnataka's sugarcane belt and major cities such as Dharwad, Hubballi, Haveri, Davangere, and Tumakuru, benefiting students, professionals, farmers, and traders. Officials said the train will promote economic growth and cultural exchange across the region. Following the inauguration, a special train (06575) departed from KSR Bengaluru to Belagavi at 11:15 AM on Sunday, reaching at 8:00 PM with stops at Yesvantpur, Tumakuru, Davangere, SMM Haveri, SSS Hubballi, and Dharwad. Maharashtra gets its 12th Vande Bharat The launch of the Ajni (Nagpur)-Pune service has given Maharashtra its 12th Vande Bharat train. Central Railway officials said the service will benefit regular business travellers, students, and tourists while boosting trade and commerce. Longest-running Vande Bharat in the country The Ajni–Pune Vande Bharat Express will be the longest-running in the country, covering 881 km. It will also be the fastest train between Nagpur and Pune, with an average speed of 73 km/h and 10 intermediate stops. Vaishno Devi to Amritsar in 5.5 hours The Shree Mata Vaishnodevi Katra-Amritsar Vande Bharat (train number 26406) will connect the Shrine to Amritisar with runtime of 5 hours 40 minutes. It'll originate from Shree Mata Vaishnodevi Katra (SVDK) at 6.40 am, reaching Amritsar at 12.20 pm. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .

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