During the India Mobile Congress (IMC) 2024, Prime Minister Narendra Modi announced India’s ambitious goal to create a fully Made-in-India smartphone — from the chip to the final product. This aligns with the nation’s ongoing efforts to become a global tech manufacturing hub. Here’s what PM Modi shared and the key takeaways from his speech:
A Decade of Digital-First Progress 📈
- From 2 to 200+ Mobile Units: Back in 2014, India had only two mobile manufacturing units. Fast forward to 2024, and the country now boasts over 200 manufacturing units. India has rapidly evolved into a smartphone manufacturing hub, with a significant rise in local production.
- Mobile Exporter: India, which once imported more phones than it made, is now six times more efficient in domestic production and is viewed as a mobile exporter globally. 🌍📦
Towards a ‘Made-in-India’ Phone 🛠️📲
- Self-Sufficiency in Smartphones: PM Modi emphasized the need for a fully Made-in-India smartphone, including the semiconductor chips — a sector India is working hard to develop.
- Semiconductor Ambitions: With investments flowing into the creation of a semiconductor ecosystem, India aims to replicate China’s success in building a self-sustaining supply chain for tech manufacturing. However, challenges remain, and collaboration with countries like the US is seen as vital for expertise.
Glimpses from the International Telecommunication Union – WTSA and India Mobile Congress held at Bharat Mandapam. pic.twitter.com/MVZOdxAmTQ
— Narendra Modi (@narendramodi) October 15, 2024
Smartphone Manufacturing Hub 🔧
India is already making waves in smartphone manufacturing:
- Apple produces 14% of its iPhones in India, a number that could rise to 25% by 2027-28. 🍎📱
- Google has also joined the fold, with high-end Pixel phones now being manufactured locally.
India’s Vision for Semiconductor Dominance 💻
- Future Goal: India aims to expand its electronics sector from $155 billion to $500 billion by 2030.
- Current Status: While India’s semiconductor industry is still in its early stages, with heavyweights like Taiwan and China leading the market, there’s a clear goal to make India a semiconductor powerhouse.
What’s Next? 🚀
India’s bold ambitions to produce a fully Made-in-India smartphone could transform the tech landscape. With a strong focus on semiconductors and leveraging its 1.4 billion strong population, the country is on the verge of major breakthroughs in tech manufacturing. Stay tuned as India continues to expand its role in the global tech ecosystem.