Union Minister Ashwini Vaishnaw on Sunday stated India has grow to be the highest provider of smartphones to the USA, with electronics manufacturing now price Rs 12 lakh crore.
Highlighting the federal government’s imaginative and prescient, Vaishnaw addressing the inaguration ceremony of Metro tasks in Bengaluru at this time, stated 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 succeed in 3 lakh crore rupees. Vaishnaw additionally famous India’s place because the world’s second-largest producer of cell phones, underscoring the nation’s increasing function within the international electronics market.
This development displays India’s concentrate on turning into a world hub for expertise manufacturing, making superior electronics extra broadly accessible and supporting the Prime Minister’s purpose of inclusive entry to expertise for all residents, Vaishnaw stated.
“Our digital manufacturing has grown 6 instances within the final 11 years. Right now, electronics manufacturing has touched 12 lakh crore rupees. Digital exports have elevated by 8 instances… Right now, it has grown to three lakh crore rupees. India has grow to be the second-largest producer of cell phones on the planet,” he stated.
Based on official authorities information, 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 models, however quick ahead to at this time, the nation boasts over 300 manufacturing models, underscoring a big enlargement on this very important sector.
In 2014 -15 solely 26 per cent of the cell phones which have been being bought in India have been made in India, the remainder have been being imported. It’s price mentioning that at this time, 99.2 per cent of all cell phones that are bought in India are made in India. The manufacturing worth of cell phones 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 at this time 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.
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