India will increase the local production of smartphones

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POSTER: computer news   ||   INDIA WILL INCREASE THE LOCAL PRODUCTION OF SMARTPHONES	DATE:2016-11-22
Apple is no longer the first quarter carries India to the list of most actively growing markets - and this despite the fact that here it is forced to work through partners.  According to Indian law, to open a network of branded stores only those manufacturers can in the country which are at least 30% localized assembly smartphones.  More precisely, 30% of the components for the sold through company stores smartphones should be available in India. According to Bloomberg referring to the forecasts of local analysts, this year 67% of smartphones sold in the country will be made in India.  Before the start of the stimulus measures on localization of production of only two assembly plants operating in the country, and now they are more than 50. However, while most of them (80%) assembles smartphones for local brands, and only 10% serve the interests of manufacturers of smartphones from Taiwan and China.  Indian companies have Foxconn, Samsung and Huawei company also organized a local assembly.  By the way, according to experts, the Indian market growth allows him to absorb all smartphones produced in the country, so the competition the same China in the world market until the country can make. In China and South Korea about 50-70% of the components and operations that form the smartphone costs, accounted for domestic production.  In India, the figure does not exceed 6%, but in the next five years it is expected to grow to 30%.  India - the second largest smartphone market in the world in the next five years the country will be able to "digest" of not less than one billion smartphones.  The Government strongly encourages the development of the Indian "smartfphone industry."  For example, a group of a hundred engineers from local companies has recently been sent to Taiwan for training and exchange of experience. Related Products :

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