India has achieved significant scale in manufacturing of mobile phones in the past 10 years and is working to deepen value addition and widen focus to include IT hardware, servers and chips. Mobile phone manufacturing in India in value terms jumped 21-fold in the last 10 years to Rs 4.1 lakh crore in FY24, as government policy measures such as production-linked incentives (PLI) played a critical role in attracting global players to boost local production, industry body ICEA said in a recent statement.
