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Make in India success: India now 2nd-biggest manufacturing hub for mobile phones globally
India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday.India is expected to export about 22 per cent of its total assembled mobile phones in 2023, according to Counterpoint Research.However, China's manufacturing and supply chain will still maintain its essential role in the longer run," said senior research analyst Ivan Lam.In a fillip to the 'Make in India' initiative, India saw mobile phones exports...…India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday.India is expected to export about 22 per cent of its total assembled mobile phones in 2023, according to Counterpoint Research.However, China's manufacturing and supply chain will still maintain its essential role in the longer run," said senior research analyst Ivan Lam.In a fillip to the 'Make in India' initiative, India saw mobile phones exports...WW…
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