New Delhi: Union Minister of State for Electronics and IT Rajeev Chandrashekhar on Friday mentioned Prime Minister Narendra Modi's visionary Manufacturing Linked Incentive (PLI) scheme is touching new heights day by day on manufacturing, exports and jobs.
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He additional famous that “a large number of new jobs were created for youth in the iPhone factories run by Foxconn, Pegatron and Wistron”.
“Two-thirds of the production will be exported from India,” the minister mentioned.
In keeping with trade information, Apple exported iPhones value round Rs 65,000 crore to different international locations.
In keeping with trade physique, India Mobile and Electronics Affiliation (ICEA), cell phone manufacturing in worth phrases has grown from Rs 18,900 crore in 2014-15 to an estimated Rs 4.10 lakh crore in FY24, registering greater than 20-fold progress. Does.
General, greater than 245 crore cell phone units have been produced in India over the last 10 years.
In 2014-15, cell phone exports from India have been simply Rs 1,556 crore.
In keeping with specialists, the PLI scheme for Giant Scale Electronics Manufacturing (LSEM) and IT {Hardware} is shifting in direction of making India a aggressive vacation spot for electronics manufacturing.
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