Indian Mobile Manufacturing to Touch Rs. 132,000 Crores by Year-End: Ravi Shankar Prasad

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 percent. 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,…

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Oppo Given Green Clearance to Set Up Manufacturing Unit in Noida

Chinese smartphone maker Oppo has been given green clearance to set up a mobile manufacturing unit in Greater Noida at a cost of Rs. 2,200 crores, a senior government official said. The Union Environment Ministry has granted the environment clearance to its Indian subsidiary Oppo Mobiles India Pvt Ltd for the proposed project. “The clearance has been given to the Oppo’s project after taking into account the views of an expert green panel. It is subject to compliance of certain conditions,” the government official said. The environment clearance certificate has already been…

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Xiaomi Says Planning to Set Up More Manufacturing Plants in India

Xiaomi India, popular for its smartphone brand, has plans to set up more plants and add capacity to manufacture phone and products in other categories. The company currently has three manufacturing plants – two for phones in Sri City, Andhra Pradesh and one for power banks in Noida, its Vice-President Manu Jain told reporters in Hyderabad. “We are definitely exploring. We want to add more capacity. We want to set up more plants, not just for phones, even for other categories like Mi-band. There are many other categories…,” he said….

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Apple Supplier Is Said to Plan India Expansion in iPhone Manufacturing Push

HIGHLIGHTS Apple supplier Wistron is reportedly looking to expand production Wistron executives are said to be looking for about 100 acres of land Wistron may use expanded facilities for other brands as well Apple’s primary iPhone assembler in India is scouting for about 100 acres of land in Bengaluru to expand its facilities for the world’s most valuable company, according to people familiar with the matter said. Wistron executives toured the city last week and have shortlisted a few parcels including one plot close to the airport, said the people, asking not to be…

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