- He added that 4G is working in the country and trials for 5G will also start soon
- Prasad said that India must become a good centre of manufacturing as a part of the global supply chain
Communications Minister Ravi Shankar Prasad said that the country aims to produce 100 crore mobile phones, five crore television sets and five crore IT devices like laptops and tablets in the next five years. He added that 4G is working in the country and trials for 5G will also start soon.
Prasad said at a CII virtual event that in the coming five years, India is going to start producing one billion mobile phones, 50 million television sets and 50 million IT hardware devices like laptops and tablets. That is the vision in electronics manufacturing for the coming five years. He added that the country wants to scale up the digital economy in the coming five years to $ 1 trillion. Prasad said that India must become a good centre of manufacturing as a part of the global supply chain.
Cumulative laptop and tablet manufacturing capacity to $100 billion by 2025
India has the potential to scale up its cumulative laptop and tablet manufacturing capacity to $100 billion by 2025 through policy interventions, mobile devices as per industry body ICEA. It added that scaling up laptop and tablet PC manufacturing can take share of India in global market to 26 per cent from one per cent now.
The report said that it will generate five lakh new jobs and lead to a cumulative inflow of foreign exchange to the tune of $75 billion and investment of over $1 billion by 2025. It added that the domestic market will account for around $170 billion by 2025. There is a need to look at export markets for rest of $230 billion to meet the target of NPE 2019.
