India Top Smartphone Supplier To US; Apple iPhone Production Shift From China Key? |Spotlight | N18G
India Top Smartphone Supplier To US; Apple iPhone Production Shift From China Key? |Spotlight | N18G
Union minister Ashwini Vaishnaw on Sunday said India has emerged as the leading supplier of smartphones to the United States, with electronics manufacturing in the country now valued at Rs 12 trillion, or around $137 billion. Speaking at the inauguration of metro projects in Bengaluru, Vaishnaw said India’s electronic production has grown sixfold in the past 11 years. He added that electronic exports have increased eightfold to Rs 3 trillion, or around $35 billion, and noted India’s position as the world’s second-largest mobile phone manufacturer. According to official government data, India had only two mobile manufacturing units in 2014; today, there are over 300. In 2014-15, just 26% of mobile phones sold in India were made domestically, with the rest imported. Now, 99.2% of phones sold in India are manufactured locally. Â
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