Despite mega announcements, Made in India mobile handsets still a promise

On last count, some 120 odd mobile devices and component manufacturers have committed over Rs 450-billion investment to manufacture in India

The Make in India line-up is long and impressive, led by the big boys in the international mobile devices industry. 

Taiwanese contract manufacturer Foxconn has committed Rs 326.46 billion in a mega unit in Maharashtra. Rival Wistron is mulling a Rs 65.29 billion investment to set up a plant in Bengaluru. 

Chinese and South Korean players are catching up too — Xiaomi is investing Rs 32.64 billion and has just roped in over 50 vendors who could bring in over Rs 163.23 billion to the table in a few years. 

Oppo has a multi-billion plan for a second plant