For now, the majority of Indian production satisfies the demand on the domestic market, but according to forecasts, as early as 2020, the country may become a significant exporter of cells and accessories associated with them on the regional market.
Telephone production has increased by leaps and bounds over the past five years. As early as 2014, only three production lines related to the industry were operating. Last year, more than 260 factories of this kind were recorded, producing traditional telephones, smartphones, batteries, cables and accessories for them.
In India, they produce both native companies, such as Videocon, Jivi Mobile and Lava Noida, as well as Chinese companies Xiaomi, Gionee and Noida. Korean Samsung has also launched its production lines.
Secondly, producers are attracted by low labor costs in a society constantly experiencing a demographic boom. The availability of trained employees has improved significantly in recent years.
The third factor is well thought-out government policies, such as Digital India or Make in India, which attract productive investments from the electronics technology sector. As part of the customs policy, the state also uses various tariffs, covering the highest with ready equipment, and relatively low with raw materials and components.
The Chinese-American customs conflict is less important, ordering the transfer of production outside the Middle Kingdom, because Delhi also has tense relations with Washington in this respect.
Due to society demographics, business offers and government policies regarding digital administration, the market may experience further growth. Between 300 and 400 million people in India are not online yet.
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Telephone production has increased by leaps and bounds over the past five years. As early as 2014, only three production lines related to the industry were operating. Last year, more than 260 factories of this kind were recorded, producing traditional telephones, smartphones, batteries, cables and accessories for them.
In India, they produce both native companies, such as Videocon, Jivi Mobile and Lava Noida, as well as Chinese companies Xiaomi, Gionee and Noida. Korean Samsung has also launched its production lines.
Secondly, producers are attracted by low labor costs in a society constantly experiencing a demographic boom. The availability of trained employees has improved significantly in recent years.
The third factor is well thought-out government policies, such as Digital India or Make in India, which attract productive investments from the electronics technology sector. As part of the customs policy, the state also uses various tariffs, covering the highest with ready equipment, and relatively low with raw materials and components.
The Chinese-American customs conflict is less important, ordering the transfer of production outside the Middle Kingdom, because Delhi also has tense relations with Washington in this respect.
Due to society demographics, business offers and government policies regarding digital administration, the market may experience further growth. Between 300 and 400 million people in India are not online yet.
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