India Second Largest Mobile Manufacturer : India’s journey from being a massive consumer of electronics to becoming the world’s second largest mobile manufacturing hub is no longer just a goal—it is a reality. According to recent updates from Union Minister Ashwini Vaishnaw, the nation has seen its electronics production skyrocket six-fold in just over a decade.
India Second Largest Mobile Manufacturer : The Numbers Behind the Boom
It’s easy to get lost in statistics, but the scale here is staggering. Over the last 11 years, exports have surged eightfold. This isn’t just luck; it’s the result of strategic shifts like the Production Linked Incentive (PLI) Scheme.
Think of the PLI scheme as the fuel that sparked the fire. By attracting over ₹13,475 crore in direct investments, it has paved the way for production worth a massive ₹9.8 lakh crore.
India Second Largest Mobile Manufacturer : More Than Just “Assembling”
For years, critics argued that India was merely an assembly point. However, the tide is turning. The Electronics Component Manufacturing Scheme, backed by ₹1.15 lakh crore in investments, is pushing the industry deeper into the supply chain.
- Semiconductors: 10 units have already been approved, with three in early production.
- Backward Integration: India is moving from finished products to making the actual “brains” (chips) and modules of the phones.
India Second Largest Mobile Manufacturer : Why This Matters for the Average Citizen
Beyond the global rankings, the real impact is on the ground.
- Jobs: 25 lakh (2.5 million) jobs have been created in the last decade.
- Confidence: Global giants like Apple and Samsung aren’t just here for the market; they are here because they trust the Indian manufacturing ecosystem.
- Economic Resilience: Electronics is now India’s third-largest export category, providing a solid pillar for the economy.
Expert Insight: “This isn’t just about making phones; it’s about making India indispensable to the global tech supply chain.” — Industry Perspective.