InShortViral: Make In India Campaign is working and this why we really need to bother about this China mainland manufacturers are in full throttle to work with Made In India Initiative.
[dropcap]A[/dropcap]ccording to the media reports, in response to the Indian Prime Minister Narendra Modi’s ambitious “Made in India” initiative, more than 100 Chinese mobile phones and parts manufacturers executives gathered in New Delhi on Wednesday, is expected they will be in the future and will bring 20-30 billion investment in India’s mobile phone industry in two years.
Such as Tecno, Jin, Cool, Thai together, Wingtech, Camera King, Galaxy Core, Poxiao, Vivo and seedlings communications Chinese company executives participated in the Indian capital held its first annual industry summit, namely “the Indian mobile phone and parts manufacturing summit”, the purpose is to explore ways to use existing and emerging opportunities.
Make In India Initiative Is Really Working, See How
Organizers said in a statement, a number of India’s leading mobile companies such as Micromax, Lava, Karbonn, Spice, Vodafone and Intex, also participated in the one-day event.
Pankaj Mohindroo (ICA), president of the Indian Cellular Association of Mobile, said: “Chinese companies as well as by the positive response to a clear co-operation between India and China Mobile and handset manufacturers talks encouraged Chinese companies is likely in the next two years to 2-3 billion investment in India-US dollars, which will provide employment opportunities for 10-20 million Indians.”
India summit by the highest body of the phone and parts industry – Indian Cellular Association and China’s leading mobile industry service platform – Mobile News jointly working in this.
Mohindroo said that Chinese companies are often reluctant to set up production bases in other countries, this is because their own eco-system is very efficient and very productive.
He added: “But they will continue to be seen as the most popular destination is India under an established production base which is strong support for Prime Minister Modi Made in India”
The summit is Modi last May on the outcome of the high-level visit to China after his visit in China, Mr. Modi vigorously promoting his “Made in India” vision, and invited Chinese enterprises to make full use of the changing business environment in India, and in the establishment of production bases.
Shenzhen Mobile World Wu, founder and CEO, said: “We are fully responding to the prime minister Modi ‘Made in India’ campaign and made invitation of Chinese enterprises become mission part of the enthusiasm, and India fight global handset and component manufacturing center make a significant contribution.”
Indo Asian News Service (IANS) reporter said, there are three driving forces behind them to India. These three are the driving force of India’s population, vast market and by the Indian government to promote the “Made in India” initiative.
IANS reported on Wednesday, he said: “Progress Policy Modi government left us quite impressed, and the development of new manufacturing ecosystem in India also made investments in India and business encouraged the manufacturers.”
The summit shows the various aspects of Indian mobile phone manufacturing ecosystem, including policy frameworks, incentives, and market potential.
Chinese business representatives also plan to include Micromax and Lava Indian mobile brands, including offices and factories, in order to understand their mode of operation currently going on in India.