Make in India is hitting headlines constantly  with its fabulous performance. IT Minister Ravi Shankar Prasad revealed that in the last one year, 11 crore mobile phones were manufactured in India. This is up from six crore in the year before. The Minister said that 37 mobile manufacturing companies were set up in the last one year, which have generated 40,000 new jobs and 1.25 lakh indirect employment.

 

 Government has provided Rs 10,000 crore under Electronics Development Fund to support new entrepreneurs in the field of electronics.

“We decided to make India a big hub of electronics manufacturing. In the last one year, 37 new mobile manufacturing units have come,” Prasad said after inaugurating government-funded ‘Electropreneur Park’. “We have given jobs to forty-thousand people and 1.25 lakh indirect jobs,” Prasad added.

Chinese companies like Gionee and Xiaomi are making their handsets at Foxconn plant in Andhra Pradesh. Domestic companies such as Karbonn, Lava, Micromax, Intex, Jivi, iTel, and MTech too have set up their manufacturing plants in the country. Chinese company LeEco will start mobile manufacturing unit soon. Prasad said that besides manufacturing electronics product in India, product designing is also important. He said that government has provided Rs 10,000 crore under Electronics Development Fund to support new entrepreneurs in the field of electronics.Make in India Logo

The Electropreneur Park (EP), which was inaugurated at South Campus of Delhi University, is an incubation centre set up with government funds of around Rs 21 crore to support incubation of up to 50 companies. Set up in collaboration with academia and industry represented by Indian Electronics and Semiconductor Association, the Park will focus on creation of intellectual property rights and product development to increase domestic manufacturing of electronics items.