November 25 (ANI): Ashwini Vaishnav, the Minister of Electronics and Information Technology, announced a success in the mobile business on social networking site X.
He disclosed in a post that the Indian mobile market had grown at an exponential rate, rising by an astounding factor of 20 in only nine years.
Minister Vaishnav posted on X, “Met Mobile industry to review progress. Industry has grown 20 times in 9 years. 2014: 78 percent import-dependent 2023: 99.2 percent of all mobiles sold in India are ‘Made in India‘”.
As he considered the history of the sector, Minister Vaishnav pointed out a dramatic decrease in reliance on imports. A startling 78% of the mobile market was dependent on imports in 2014.
In 2023, a significant change has taken place: an astounding 99.2 percent of all mobile phones sold in India are now proudly labeled as “Made in India.”
To undertake a thorough assessment of the advancements achieved, the minister held meetings with important players and executives in the mobile sector.
The gathering provided a forum for recognizing the sector’s accomplishments, talking about new issues, and looking at long-term development plans.
In addition to supporting the local manufacturing sector, the expansion of the mobile industry has made a substantial contribution to lessening India’s reliance on imports. Remarkably, Google had previously said that it would begin producing its phones in India. Google has begun building its flagship smartphones in the nation, joining an esteemed group of international smartphone makers that includes Apple and Samsung.
Minister Vaishnav conveyed his happiness with the industry’s tenacity and dedication to the “Make in India” campaign.
This outstanding accomplishment is in line with the government’s goal of promoting industry and increasing self-sufficiency via the “Aatmanirbhar Bharat” program.
The success story of the mobile sector highlights India’s capacity to go from being mostly reliant on imports to being a major participant in mobile production globally.
The chance for productive discussion on potential futures, technology developments, and cooperative efforts to maintain and further magnify this success was presented by the meeting with industry executives.
Minister Vaishnav expressed his hope for the Indian mobile industry’s future expansion and its critical position in the country’s economy.
With India solidifying its position as a center for mobile device manufacturing, the phrase “Made in India” has come to represent excellence and creativity.
In addition to praising the industry’s achievements, Minister Vaishnav’s appointment is a proud moment for the country as it steers the technology sector toward independence.
