There's some way to go, but India hopes to build its own world-class mobile phone industry.
By Priti Gupta & Ben MorrisBuying a new smartphone was a bit of a mission for Deepa Aswani, who works in marketing in Mumbai.After two months of deliberation, she chose the OnePlus 10R, which in a sale cost her $400 , a reasonable price for a smartphone, but still a significant sum in any country, and particularly in a developing one like India.
When his firm launches a new phone, he can hope to sell about a million units in India. But a Chinese phone maker can sell 10 million phones"They have huge strength in terms of production," he says.India does make some parts, including chargers, cables and batteries, but the more sophisticated parts, like screens and computer chips are almost always made abroad.
It is the latest part of a government policy, which goes back years, aiming to increase all types of manufacturing in India. "The production-linked incentive scheme is a game changer for electronics manufacturing," says ICEA chairman, Pankaj Mohindroo.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sri Lanka's central bank urges China and India to reduce its debtsNewsnight Global: Sri Lanka Join us at 10:30pm on BBC 2 for a special show in Colombo, Sri Lanka Tonight we will ask what is the future of Sri Lanka and what the island nation's plight tells us about the global economic crisis?
Read more »
India’s new railways project picks up speed\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Read more »
Trafigura sells stake in Rosneft-backed refinery in India\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
IBM 'shifts' US AIX development jobs to IndiaAround 80 positions moved to another continent, Big Blue stays silent
Read more »
BYD aims to become India’s second-largest electric carmaker\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
How India Became the Most Important Country in the Climate FightToday's Daily Spotlight: India has become the most important country in the climate change effort
Read more »