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Why do you say there is nothing to show for it? To take one example - mobile phones - India is now the second largest manufacturer of mobile phones in the world
by hiyer 6y ago
Why do you say there is nothing to show for it? To take one example - mobile phones - India is now the second largest manufacturer of mobile phones in the world [0]. Samsung recently started the largest mobile phone manufacturing unit in the world in Noida. There are now over 200 mobile manufacturing units in India, compared to just 3 in 2014 when "Make in India" was launched.
A few auto manufacturers - Kia, SAIC and Citroen as I recall - have also set up new plants in India since 2014, although in this sector India was quite adept before 2014 also.
0. https://www.timesnownews.com/technology-science/article/india-emerges-as-the-second-largest-mobile-phone-manufacturer-in-the-world-ravi-shankar-prasad/600184 https://www.timesnownews.com/technology-science/article/indi...
- baybal2 6y ago> There are now over 200 mobile manufacturing units in India That's a bit of a stretch. The prime majority of them just assemble from knockdown kits to circumvent India's tarrifs, and bureaucratic phone registration scheme. Though I see more of them going for a more complete assembly in a few years time.
- hiyer 6y ago> just assemble from knockdown kits Assemble, yes, but a lot of the components also come from India. Xiaomi, for example, source 65% of their components from India itself. Of course, the really important parts like the processor, screen, camera, etc probably come from elsewhere because AFAIK they are not made in India yet. > circumvent India's tarrifs Adding those tariffs was intentional and part of the "Make in India" initiative. IIRC customs duty on a phone was 1% a few years back but it is now 21%. > I see more of them going for a more complete assembly in a few years time. Yes, very likely. Even with automobiles, initially only assembly was done in India, but over time an entire ecosystem of industries making many of the required components spawned here.
- orwin 6y agoIt's the same kind of auto manufacturing than algeria, no? How many OEM are present in india and what is their market share?
- hiyer 6y agoI don't know much about Algeria, but most cars and motorcycles sold in India are built here from the ground up with most of the parts sourced locally. There are a few luxury brands like Lexus, Jaguar, Lamborghini, Harley-Davidson motorcycles, etc which are sold as CBU (Completely Built-Up ie imported as-is) or CKD (Completely Knocked-Down ie all parts imported and only assembly in India). The customs tariffs on such units make them unattractive for the low to mid-segment vehicles, which make up the vast majority of those sold in India.