The Make in India mission of the Government of India is poised for another boost as India could be poised to become a major export hub for mobile phones. Export applications submitted by phone makers, including iPhone makers Foxconn, Pegatron and Wistron, as well as smartphone makers Samsung, Karbonn, Lava and Dixon, are reported to have been approved by the government. India is expected to be able to export mobile phones well in excess of $ 100 billion.
The chartered committee that has approved these requests includes Amitabh Kant, CEO of Niti Aayog, as well as the secretaries of economic affairs, expenses, income, the Ministry of Electronics and Information Technology (MeitY), the Department of Promotion of the Industry and Internal Trade (DPIIT). ) and the General Directorate of Foreign Trade (DGFT), reports The Economic Times. Apple and Samsung plan to export phones worth $ 50 billion each over the next five years. There are also five Indian phone makers, including Micromax, Lava, Karbonn, Optiemus, and Dixon.
This comes after Apple started manufacturing the latest iPhone 11 series as well as the new iPhone SE in India in recent weeks. Apple’s partners in India Foxconn and Wistron are now manufacturing and assembling the iPhones at their facilities in the country. Made in India units of the iPhone 11 and iPhone SE are likely to hit stores in the coming weeks ahead of the Diwali festival sales. It is the first time that Apple has made its latest flagship phone in the country, for the line that includes the iPhone 11, iPhone SE and iPhone XR for sale in India right now.
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In August, Apple and Samsung announced their participation in India’s Production Linked Incentives (PLI) offering to remove India’s dependence on China. The Union’s telecommunications minister, Ravi Shankar Prasad, had said at the time that the government had welcomed Apple and Samsung to take full advantage of India’s local manufacturing benefits, which has expanded incentives of up to $ 41 billion. rupees subject to meeting local manufacturing targets. India’s local manufacturing applicants list includes global players as well as their subsidiaries, including Samsung, Pegatron, Foxconn, Wistron, Rising Star, Dixon, Padget, Lava, Micromax, and more.
Earlier, IT Minister Ravi Shanker Prasad also tweeted: “2020 – iPhone 11, 2019 – iPhone 7 and XR, 2018 – iPhone 6S, 2017 – iPhone SE. This timeline is a statement in itself on how @narendramodi gob. has developed the mobile phone manufacturing ecosystem in India. It’s just a humble beginning. “
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