Mobiles, Making In India

37 Mobile Manufacturing companies have setup new manufacturing facilities in India, generating 40000 direct employment and 1.25 lakh indirectly, said IT minister Ravi Shankar Prasad who inaugurated the new Government funded ‘Electropreneur Park.’

Chinese brands Xiaomi and Gionee have set-up shop in India, specifically in the Foxconn facility in Andhra Pradesh while domestic players like Karbonn,Lava, Micromax and the likes, have gradually started moving away from importing of handsets from Asia to setting up their own manufacturing facilities here in India.

Le Eco, another Chinese brand is starting its manufacturing plant in India in this financial year according to persons who are in the know of this matter.

The Electropreneur Park (EP), which was inaugurated today in South Campus of Delhi University, is an incubation centre set up with government funds of around Rs 21 crore to support incubation of up to 50 companiesThe Electropreneur Park (EP), which was inaugurated today in South Campus of Delhi University, is an incubation centre set up with government funds of around Rs 21 crore to support incubation of up to 50 companies

Ravi Shankar Prasad said that besides manufacturing,onus should also be given on research and product development. For this reason, the Government of India has released Rs. 10000 crore under the Electronic Development fund to support Entrepreneurs in the field of Electronics.

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