Around 356 mobile charger factories to be set up in India by

Image
Press Trust of India New Delhi
Last Updated : Dec 19 2017 | 10:25 PM IST
Indian mobile phone industry expects that the government push to encourage production of battery chargers will lead to setting up of 356 factories that can generate 8 lakh jobs in the country by 2025, says the industry body Indian Cellular Association.
"I have no doubt that seemingly impossible target of producing 1.46 billion chargers by 2025 will become a reality, with more than 356 charger factories employing over 8 lakh people," ICA National President Pankaj Mohindroo today said at a workshop of mobile battery charger makers.
The companies at the workshop asked the government representatives present on the occasion to impose 15 per cent basic custom duty on mobile chargers that are being imported in the country.
Ministry of Electronics and IT representative S K Marwah asked industry players to submit structured recommendation to the government for its consideration.
Mohindroo said Phased Manufacturing Program (PMP) of the government has boosted the confidence of companies in the mobile sector...
"It was heartening to see the deep confidence with which the entire ecosystem -- mobile phone brands, EMS companies, Charger manufacturers and manufacturers of components of chargers -- responded to the clarion call for building a world-scale mobile charger industry in India," he said.
Under the PMP programme government has accepted industry demand to give them level-playing field compared to imported products by imposing duty on certain components that are sourced by mobile phone companies.
Mohindroo said the target number of 356 factories does not include the component industry which is going to be built feeding the charger industry.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 19 2017 | 10:25 PM IST

Next Story