Skip to main content

Posts

Showing posts with the label Mobile phone industry

From 'Make in India' to 'Make for the World': The Road Ahead for Domestic Manufacturing

The Indian government has been actively pushing to promote domestic manufacturing in the technology sector in recent years, with the aim of reducing the country's reliance on imports and building a self-reliant, globally competitive ecosystem. The government's efforts are driven by the vision of making India a global manufacturing hub, generating employment opportunities, and boosting the economy. The government has introduced several initiatives and policies to encourage domestic manufacturing, including the "Make in India" campaign, which seeks to create a conducive environment for investment, innovation, and manufacturing in the country. In addition, the government has introduced a production-linked incentive (PLI) scheme to provide financial incentives to companies that manufacture electronic products locally. The push for domestic manufacturing is particularly significant in the technology sector, where India has traditionally been reliant on imports for componen