Union Minister Ashwini Vaishnaw on Sunday mentioned India has develop into the highest provider of smartphones to the US, with electronics manufacturing now value Rs 12 lakh crore.
Highlighting the federal government’s imaginative and prescient, Vaishnaw addressing the inaguration ceremony of Metro initiatives in Bengaluru in the present day, mentioned that India’s digital manufacturing has grown six instances within the final 11 years.
The Railway Minister additional identified the exponential rise in digital exports, which have elevated eightfold to achieve 3 lakh crore rupees. Vaishnaw additionally famous India’s place because the world’s second-largest producer of cellphones, underscoring the nation’s increasing function within the international electronics market.
This progress displays India’s deal with turning into a worldwide hub for know-how manufacturing, making superior electronics extra extensively out there and supporting the Prime Minister’s purpose of inclusive entry to know-how for all residents, Vaishnaw mentioned.
“Our digital manufacturing has grown 6 instances within the final 11 years. In the present day, electronics manufacturing has touched 12 lakh crore rupees. Digital exports have elevated by 8 instances… In the present day, it has grown to three lakh crore rupees. India has develop into the second-largest producer of cellphones on the planet,” he mentioned.
In line with official authorities knowledge, India has made important progress in cell and electronics manufacturing, turning into the world’s 2nd largest cell manufacturing nation. In 2014, India had solely 2 cell manufacturing items, however quick ahead to in the present day, the nation boasts over 300 manufacturing items, underscoring a big enlargement on this important sector.
In 2014 -15 solely 26 per cent of the cellphones which have been being offered in India have been made in India, the remainder have been being imported. It’s value mentioning that in the present day, 99.2 per cent of all cellphones that are offered in India are made in India. The manufacturing worth of cellphones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
In the meantime, Prime Minister Narendra Modi earlier in the present day flagged off three Vande Bharat Trains – Ajni(Nagpur)-Pune Vande Bharat , KSR Bengaluru-Belgavi Vande Bharat and the Shree Mata Vaishnodevi Katra-Amritsar from KSR Bengaluru Railway station.
With these additions, the full variety of Vande Bharat trains within the nation will rise to 150 (75 pairs), Vaishnaw posted on X.
