‘Govt push may lead to 356 new mobile charger factories, 8 lakh jobs’

Indian mobile phone industry expects that the government push to encourage production of battery chargers will lead to setting up […]

   

Indian mobile phone industry expects that the government push to encourage production of battery chargers will lead to setting up of 356 factories that can generate 8 lakh jobs in the country by 2025, says the industry body Indian Cellular Association. “I have no doubt that seemingly impossible target of producing 1.46 billion chargers by 2025 will become a reality, with more than 356 charger factories employing over 8 lakh people,” ICA National President Pankaj Mohindroo said on Tuesday at a workshop of mobile battery charger makers, in New Delhi. The companies at the workshop asked the government representatives present on the occasion to impose 15 per cent basic custom duty on mobile chargers that are being imported in the country. Ministry of Electronics and IT representative S K Marwah asked industry players to submit structured recommendation to the government for its consideration. Mohindroo said Phased Manufacturing Program (PMP) of the government has boosted the confidence of companies in the mobile sector… “It was heartening to see the deep confidence with which the entire ecosystem — mobile phone brands, EMS companies, Charger manufacturers and manufacturers of components of chargers — responded to the clarion call for building a world-scale mobile charger industry in India,” he said. Under the PMP programme government has accepted industry demand to give them level-playing field compared to imported products by imposing duty on certain components that are sourced by mobile phone companies. Mohindroo said the target number of 356 factories does not include the component industry which is going to be built feeding the charger industry.

Trending

MSMEs

GeM has processed orders worth ₹ 40,000 cr in GMV in last 3 years, 50% transacted by MSMEs

Day-after-Piyush Goyal snub-Jeff-Bezos

Day after Piyush Goyal snub, Amazon commits to create one million new jobs in India by 2025

Amazon's-$1-bn-investment-in-India-no-big-favour--Minister-of-Commerce-&-Industry

Amazon’s $1 bn investment in India no big favour: Piyush Goyal, Commerce & Industry Minister

Jeff Bezos India visit

Amazon CEO, Jeff Bezos bets on Indian century, invests $1 bn digitizing MSMEs

MSME loans

Piyush Goyal: CGTMSE, SIDBI to set up framework for faster processing of SME loans

GST

Nirmala Sitharaman: GST to be further simplified for traders

UK Sinha committee

Government invites stakeholder’s suggestion on National Technology Mission for MSMEs

Delhi-NCR-the-largest-start-up-ecosystem-in-India,-surpasses-Bangalore

Delhi-NCR the largest start-up ecosystem in India, surpasses Bangalore

Premium Organic Soaps- Contribution to the Community

Anant-Nahata

Public charging infrastructure will be key to electric vehicle success in India: Anant Nahata, MD, Exicom 

MSME payments

Startups, MSMEs request for timely payments from government and corporates

Ashok-Prusty

Indian EV battery industry still searching for commercial battery technology: Ashok Kumar Prusty, Bry-Air