The production of mobile phones in India has reached 100 million units with leading companies manufacturing base in the country.
The investors are happy to announce that the investment in electronic manufacturing has increased up to Rs. 1.14 lakh crore and about 15 new mobile plants were set up.
Annual production of mobile phones has increased in the following way:-
- In the year 2014, manufacturing of mobile phones was 68 million but now the manufacturing count has been increased to 100 million within a span of one year.
- Major companies like Bosch, Samsung, Continental, Panasonic are present in India besides many other companies which are already here.
- The founder and the President of the Indian Cellular Association had announced that in terms of mobile phone production the country has increased by 95 percent when compared to the previous fiscal year.
- The Indian government had made efforts to boost the mobile production in the country and has, therefore, created 30,000 new jobs in the country.
- The state government is very particular in this investment.
- With the production of mobile phones, the usage of internet has also rapidly increased from 100 million to 400 million in a span of one year.
- The usage of mobile phone internet has increased, therefore, mobile phone production became high in demand.
- The investors are expecting to cross the growth rate by 500 million units.
- The government will expand the technology broadband network if in case it crosses 500 million.
- Smartphones with all the features available at a reasonable price have also made users post their ratings and thus increasing the production.
- Cellular manufacturers are booming in India every year with all the innovative features that are needed for a spectacular outlook and output and keep up the competitive zone by producing world class products.