6 SUPERSTAR SECTORS BOOSTING MAKE IN INDIA
Source | Makeinindia.com | BY:Makeinindia team
Not only has India established itself as a prime destination for automotive manufacture, it has fast emerged as an auto export hub for both small as well as heavy vehicles. Major auto behemoths have set up shop in the country, tying Make in India into the global supply chain. Prominent ‘Made-in- India, for the world’ examples include: Renault’s export of its Kwid to Mauritius, Suzuki’s Baleno to Japan, Honda’s Jazz to South Africa and Volkswagen’s Vento to Mexico.
Driven by the Government’s visions of Digital India and ‘Zero Net Imports by 2020’, major efforts are underway to establish India as a global electronics manufacturing hub. From 60 million mobile handsets in 2014-15, India’s mobile manufacturing capacity has increased to 110 million mobile handsets in 2015- 16. With 72 new mobile handset and component manufacturing units set up in last two years, India has emerged as a mobile manufacturing hub. From global giants like Xiaomi, Gionee and Samsung to homegrown Makers like Lava and Micromax, the world is choosing to make its electronics in India.