Business Standard

Mobile manufacturing to touch Rs 132,000 cr: Prasad


IANS New Delhi
Indian mobile manufacturing industry is expected to touch Rs 132,000 crore by the end of 2018, Electronics and IT Minister Ravi Shankar Prasad said on Thursday.
India manufactured about 110 million mobile phones in 2015-16 as compared to 60 million in 2014-15, a growth of over 90 per cent.
In value terms, India's mobile manufacturing industry produced mobile phones worth Rs 54,000 crore in FY15-16, compared to Rs 18,900 crore in FY14-15. This touched Rs 94,000 crore by the end of 2017, the minister said.
He was speaking at an event organised by MeitY, ASSOCHAM and Ericsson.
In terms of electronics manufacturing units, the minister said that within three years, the industry added 120 such units. Two-third of these were mobile manufacturing units and there were 54 such units in Noida alone. These industries employ 5 lakh people, he added.
On the mobile applications front, the minister pointed out that currently 250 hospitals across the country have been turned into "e-hospitals and more than two crore of patients are taking benefits of the e-hospitals".
Besides, the 'eNAM' has linked more than 500 market mandis with 70 lakhs of farmers.
The minister added that increasing adoption of the 'Umang (Unified Mobile Application for New-age Governance)' app, 'Bharat Interface for Money (BHIM)' app that enables secure cashless payments through mobile phones.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 26 2018 | 9:40 PM IST

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