Ravi Shankar Prasad: India is the world's 2nd largest in manufacturing this

New Delhi: At the launch of the 'Electronics Manufacturing Schemes' in New Delhi, Union Minister Ravi Shankar Prasad on Tuesday said that the country has emerged as the "second-largest manufacturer of mobile phones" in the world and added that "the production of mobile phones has gone up to approximately 33 crore in 2019-20."

"From just 2 factories, we now have 200 manufacturing units. India's electronic manufacturing was worth Rs 1,90,366 crore in 2014, today it's Rs 4,58,000 crore. India's global share in electronics has risen from 1.3% in 2012 to 3 per cent in 2018. Electronic production has surpassed exports," he said.

He also said that the Centre is working towards constructing a "robust" manufacturing ecosystem in the country."PM Narendra Modi has given a clarion call for Aatma Nirbhar Bharat (a self-reliant India).

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In view of that, the government is working towards to build up a robust manufacturing ecosystem in India."

"There is a higher leverage given to hardware manufacturing in India in the past few years, which has emerged as an important pillar of the Make In India and Digital India initiatives.

Self-reliant India is not an India of isolation and its not an inward-looking India. It is an India which develops an ecosystem as a robust asset to the global economy," he added.

"The National Policy on Electronics 2019 aims to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging the country to develop core components, enabling the industry to compete globally," he further said.

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The Union Minister further announced three schemes for the sector: Production linked incentive, component manufacturing scheme and cluster scheme.

He further stated that the Centre will ensure that the country emerges as a leading electronic manufacturing hub in the coming years."Global and local companies will work together to help India grow to achieve this goal," he said. (ANI)

• #Ravi Shankar Prasad
• #New Delhi
• #India
• #mobile phones
• #Electronics Manufacturing Schemes
• #Delhi