City
Epaper

Ashwini Vaishnaw takes dig at critics of India's electronics manufacturing progress

By IANS | Updated: July 10, 2024 11:30 IST

New Delhi, July 10 Taking a jibe at opposition parties, Railways, I&B and Electronics/IT Minister Ashwini Vaishnaw has ...

Open in App

New Delhi, July 10 Taking a jibe at opposition parties, Railways, I&B and Electronics/IT Minister Ashwini Vaishnaw has said the reality of mobile phone, electronics and telecom product manufacturing is known to all “except those who don’t like our country’s progress”.

In a post on X social media platform, the Minister said: “Guess who else, apart from Congress, doesn’t like our country emerging as a manufacturer of mobile phones and telecom equipment?”

The Minister informed that in 2014-15, India produced only 5.8 crore mobile phones and imported about 21 crore mobile phones.

“In 2023-24, Bharat produced 33 crore phones and exported close to 5 crore mobile phones,” the Minister added.

Telecom equipment manufacturing was a dream for India and the production-linked incentive (PLI) enabled telecom manufacturing.

The telecom equipment manufacturing sales have now crossed Rs 50,000 crore, creating more than 17,800 direct jobs and many more indirect jobs.

Within three years of the telecom PLI scheme, the telecom equipment export has crossed Rs 10,500 crore, informed the Minister.

The gap between telecom imports and exports has reduced significantly with the total value of goods (both telecom equipment and mobiles put together) exported is over Rs 1.49 lakh crore as against imports of over Rs 1.53 lakh crore in FY 23-24.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

AurangabadMan awarded life imprisonment for murdering wife

AurangabadPath cleared for new surgical building in GMC; Rs 710 crore approved for project, GR issued

Mumbai26/11 Mumbai Attacks: Tahawwur Hussain Rana Denies Role During Crime Branch Interrogation

Other SportsIPL 2025: Powell, Sakariya debut for KKR as PBKS elect to bat

NationalHaryana Minister visits Bandhwari landfill site in Gurugram to review civic work

Technology Realted Stories

TechnologyIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

TechnologyIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25

TechnologyScreening for both active and dormant TB infection key to improve detection: Study

TechnologyMinister Ashish Sood outlines plan to make Delhi a 'credible medical destination'

TechnologyComponent PLI a key milestone in India's electronics manufacturing ecosystem: Industry