archiveLocal manufacturing

Huawei, world’s third largest smartphone seller will commence its local manufacturing unit in India soon. The company hinted that it would roll out manufacturing plans in the country within a month. “Now we already have licences for manufacturing in place. In short term we will announce our local manufacturing plan…in one month,” PTI report quoted Peter Zhai, President for Huawei India Consumer Business Group as saying. “As international brand, we are interested in developing our India business at right time. It is going to be second largest mobile devices market after China....

Since the Government of India announced the ambitious “Make in India” initiative to boost local manufacturing, India has emerged as the most attractive investment destination for industries. While MNCs are exploring business prospects, and competitive advantage in local manufacturing in the country, smartphone vendors are already riding on the “Make in India” wave. After leading smartphone brands such as Vivo, Oppo, Micromax and Karbonn have already set up their facilities in the country, another domestic handset maker, Lava International is now aiming to double its production capacity with the launch...

In a bid to boost local manufacturing, the government is planning to offer more incentives to mobile part makers. The efforts aimed at making India a full-blown mobile components and accessories production hub in the next three to four years. According to the Economic Times report, the government, as a part of phased plan, is likely to change duty structures around mobile phone components such as camera module, printed-circuit board (PCB) and keyboards to expand the manufacturing base locally by next year. “There is a provision to manufacture a few accessories in...