India's Rising Electronics Sector
India's electronic sector grew from US$ 29 billion in FY14 to US$ 70 billion in FY19. This accounts for 3.3% of global electronic production. From 2 mobile manufacturing units in 2014 to 268 units in 2019, 95% of mobile sold in India are "Assembled in India". This sector is huge beneficial to Prime Minister Modi's "Make in India" program. India also became 2nd largest Mobile manufacturer surpassing Vietnam. India's mobile manufacturing share in World is 18%, though huge of them is Assembled End Product(AEP). India is manufacturing only 12% of Semi knocked down (SKD) components. The volume increased from 60 million in 2014-15 to 225 million in 2017-18. The Mobile assembly plant in India are- Micromax - Bhiwadi (Rajasthan), Rudrapur (Uttarakhand) Samsung - Noida, UP - Largest Manufacturing unit outside South Korea with an initial investment of ₹4195 crore. Lava - Noida, UP Apple - Foxconn (Chennai), Wistron (Kolar and Chennai), Pegatron (future by 2022), F...
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