Made in India handsets ring true, the hitch is in value addition

That's good saving in a country consuming 275 million mobile handsets a year. But that's only half a story

Many got to click selfies with Prime Minister Narendra Modi on Thursday when he decided to take the airport-bound metro rail for an event in the capital. Soon after in his address, the PM referred to mobile handsets that made those selfies possible, pointing out how those phones are turning around the manufacturing fortunes of India. He said as 80 per cent of the mobile handsets were being manufactured in India, India was able to save around Rs 3 trillion in cell phone import bills during the last four years. 

That’s good saving in a country consuming 275 million mobile handsets