99.2 percent of mobiles sold in India are 'Made in India', says IT Minister
Ashwini Vaishnav, the Minister of Electronics
and Information Technology, announced the achievement in the mobile industry on
the social media platform X.
He wrote in a post
that the Indian mobile industry has witnessed rapid growth, expanding by a
remarkable factor of 20 in just nine years.
posted on X, "Met Mobile industry to review progress. Industry has grown
20 times in 9 years. 2014: 78 per cent import dependent 2023: 99.2 percent of
all mobiles sold in India are 'Made in India'".
Talking about the
growth trajectory, the minister highlighted an important shift in import
dependency. In 2014, a staggering 78 per cent of the mobile market relied on
imports. But in 2023, 99.2 percent of all mobiles sold in India are now proudly
stamped as 'Made in India.'
The minister met
with key stakeholders and leaders in the mobile industry to conduct a
comprehensive review of the progress made.
With the growth of
the mobile sector, the domestic manufacturing ecosystem has been strengthened
and also contributed significantly to reducing India's dependence on foreign
Minister Vaishnav expressed his
satisfaction with the industry's resilience and commitment to the 'Make in
achievement aligns with the government's vision to enhance self-reliance and
boost the manufacturing sector under the 'Aatmanirbhar Bharat' initiative.
The success of the
industry highlights India's capability of transitioning from being
predominantly import-dependent to an emerging key player in mobile
The meeting with
industry leaders provided an opportunity for constructive dialogue on future
prospects, technological advancements, and collaborative efforts to sustain and
further amplify this success.
Minister Vaishnav conveyed his optimism for the continued growth of the Indian mobile industry
and its pivotal role in the nation's economic landscape.