27 C
Indore
Thursday, August 6, 2020
Home Gadgets Apple vendors, Samsung, others propose Rs 11 lakh crore mobile phone production...

Apple vendors, Samsung, others propose Rs 11 lakh crore mobile phone production under PLI scheme


NEW DELHI: iPhone maker Apple’s contract manufacturers, as well as firms like Samsung, Lava and Dixon have proposed to produce mobile devices and components of over Rs 11 lakh crore in the next five years under the government’s new scheme to boost electronics manufacturing, according to sources.

The proposals submitted by the companies to the Ministry of Electronics and IT to avail benefits of the Production Link Incentives (PLI) are expected to create 12 lakh employment opportunities — 3 lakh direct and around 9 lakh indirect jobs, a source told PTI.

“Foreign companies that have submitted proposals for the scheme include Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron,” the source said.

Foxconn Hon Hai, Wistron and Pegatron are contract manufacturers for Apple iPhones.

Taiwan-based Pegatron is a new investor in India.

Apple and Samsung account for nearly 60 per cent of global sales revenue of mobile phones.

“In the next five years, mobile phones worth about Rs 9 lakh crore in the category of above Rs 15,000 per unit are expected to be produced as per the proposals submitted by the companies. Mobile phones worth about Rs 2 lakh crore are expected to be produced in the sub-Rs 15,000 category,” the source said.

Export demand of about Rs 7 lakh crore is expected to be met from the proposed production capacities.

Indian companies that have applied under the scheme include Lava, Dixon Technologies, Micromax and Padget Electronics.

“Lava has plans to invest around Rs 800 crore over the next five years under the scheme,” another source aware of the submission said.

The government had notified three schemes on April 1 for the promotion of electronics.

These were schemes for manufacturing of electronic components and semiconductors, modified electronics manufacturing clusters (EMC 2.0) scheme, and production-linked incentive scheme for large scale electronics manufacturing.

These schemes jointly offer incentives of around Rs 50,000 crore over the period of next five years.

Electronics and IT Secretary Ajay Prakash Sawhney on June 2 had said that the schemes will push mobile production to Rs 8 lakh crore in value terms and exports worth Rs 5.98 lakh crore in the next five years.

Meanwhile, around 8-10 companies have filed applications for component manufacturing which include motherboard maker AT&S, Ascent Circuits, Sahasra and Vitesco.

“They are expected to produce components of over Rs 40,000 crore over the period of next five years under the scheme,” an industry source said.

var objSec = {template: ‘articleshow_main’, msid:’77291504′, secNames: [‘tech’,’hardware’],secIds:[‘2147477890′,’13357270′,’13357565’]};

var tmplName = tpName=”articleshow_main”,lang = ”,nav_sec1,newHookId,subsec1_value,subsec1_common = ‘13357270’,newHookId2,subsec2_value,subsec2_common = ‘13357565’;
var objVc = {version_on:’2020080134558′,js_comments:’111′,js_googleslock:’782′,js_googlelogin:’20’,js_common_buydirect:’749′,js_bookmark:’15’,js_login:’39’,js_datepicker:’2′,js_electionsmn:’22’,js_push:’53’,css_buydirect:’14’,js_tradenow:’14’,js_commonall:’112′,lib_login:’https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js’,live_tv:'{“auto_open”: 0, “play_check_hour”: 12, “default_tv”: “0”}’,global_cube:’0′,global_cube_wap:’0′,global_cube_wap_url:’https://m.economictimes.com/iframe_cube.cms’,site_sync:’0′,amazon_bidding:’1′,fan_ads:’0′,trackAdCode:’0′,ajaxError:’1′,oauth:’oauth’,planPage:’https://prime.economictimes.indiatimes.com/plans’,subscriptions:’subscriptions’,krypton:’kryptonp’};
var objDim = {d52:’nature_of_content’,d10:’user_login_status_hit’,d32:’prime_article_read_before_syft’,d54:’content_shelf_life’,d53:’content_target_audience’,d12:’tags_meta_keyword’,d34:’content_age’,d56:’degree_of_conten’,d11:’content_theme_the_primary_tag’,d33:’prime_article_read_before_success’,d55:’content_tone’,d14:’special_coverage’,d36:’sign_in_initiation_position’,d13:’article_publish_time’,d35:’subscription_method_hit’,d16:’video’,d15:’audio’,d37:’user_subscription_status’,d1:’et_product’,d2:’blocker_type’,d3:’user_login_status’,d4:’agency’,d5:’author’,d6:’cms_content_publishing_type’,d7:’content_personalisation_level’,d8:’article_publish_date’,d9:’sub_section_name’,d40:’freeread’,d20:’platform’,d23:’author_id’,d45:’prime_hp_ui_template’,d25:’page_template’,d47:’prime_hp_ui_content_b_color’,d24:’syft_initiate_page’,d46:’prime_hp_ui_content_size’,d27:’site_sub_section’,d49:’syft_initiate_position’,d26:’site_section’,d48:’content_msid’,d29:’section_id’,d28:’prime_deal_code’,d50:’signin_initiate_page’};var serverTime=”08.01.2020 03:48:32″;var WRInitTime=(new Date()).getTime();
(function () {if (self !== top) {var e = function (s) {return document.getElementsByTagName(s)}; e(“head”)[0].innerHTML = ‘*{display:none;}’; setTimeout(function () {e(“body”)[0].innerHTML = ”; var hEle = e(“html”)[0]; hEle.innerHTML = ‘economictimes.indiatimes.com‘; hEle.className=””; top.location = self.location; }, 0);}})();

_log = window.console && console.log ? console.log : function () {};
if(window.localStorage && localStorage.getItem(‘temp_geolocation’)) {
var geolocation = localStorage.getItem(‘temp_geolocation’);
}
// Creating Elements for IE : HTML 5 and cross domain checks
(function () { var elem = [“article”, “aside”, “figure”, “footer”, “figcaption”, “header”, “nav”, “section”, “time”];
for(var i=0; i -1) { window[disableStr + ‘-‘ + gaProperty] = true; }

ga(‘set’, ‘anonymizeIp’, true);
ga(‘create’, gaProperty, ‘auto’, {‘allowLinker’: true});
ga(‘require’, ‘linker’);
ga(‘linker:autoLink’, [‘economictimes.com’]);
ga(‘require’, ‘displayfeatures’);
window.optimizely = window.optimizely || [];
window.optimizely.push(“activateUniversalAnalytics”);
ga(‘require’, ‘GTM-KS2SX8K’);

customDimension.dimension1 = “ET Free”;
customDimension.dimension4 = “PTI”;

customDimension.dimension6 = “Native – 77291504”;
customDimension.dimension8 = “Jul 31, 2020”;
customDimension.dimension9 = “Hardware”;

customDimension.dimension12 = “Samsung,Lava,Production Link Incentives,Micromax,Dixon Technologies,Ministry of Electronics and IT,Apple iPhones”;
customDimension.dimension13 = “11:54 PM IST”;

customDimension.dimension15 = “No”;
customDimension.dimension16 = “No”;

(function () {
var a = window.localStorage && localStorage.getItem(‘et_syftCounter’) || ”;
a = a && JSON.parse(a) || {};
if(a.beforeSyft) {
customDimension.dimension32 = a.beforeSyft;
}
if(a.afterSyft) {
customDimension.dimension33 = a.afterSyft;
}
})()

var contentAge=”0.13688657407407406″;
if(contentAge) {
customDimension.dimension34 = contentAge > 2 ? ‘>48hs’:'<48hrs';
}

customDimension.dimension25 = "articleshow_main";
customDimension.dimension26 = "Tech";
customDimension.dimension27 = "Tech/Hardware/";
customDimension.dimension29 = "13357270";
customDimension.dimension48 = "77291504";
ga('send', 'pageview', customDimension);
ga('create', 'UA-5594188-55', 'auto','ETPTracker'); //ETPrime GA

var newHookId ='13357270';
var newHookId2 = '13357565';

if(newHookId == '1715249553' && newHookId2 == '1052732854'){
newHookId = '1052732854'; // politicsnation
}else if(newHookId == '1715249553' && newHookId2 == '1373380680'){
newHookId = '1373380680'; // Economy
}

var subsec1_value="13357270";
var subsec1_2value="13357565";

if(subsec1_value == '1715249553' && subsec1_2value == '1052732854'){
subsec1_value="1052732854"; // politicsnation
}else if(subsec1_value == '1715249553' && subsec1_2value == '1373380680'){
subsec1_value="1373380680"; // Economy
}

(function (g, r, o, w, t, h, rx) {
g[t] = g[t] || function () {(g[t].q = g[t].q || []).push(arguments)
}, g[t].l = 1 * new Date();
g[t] = g[t] || {}, h = r.createElement(o), rx = r.getElementsByTagName(o)[0];
h.async = 1;h.src = w;rx.parentNode.insertBefore(h, rx)
})(window, document, 'script', 'https://static.growthrx.in/js/v2/web-sdk.js', 'grx');
grx('init', 'gf999c70d');
var grxDimension = {url: window.location.href, title : document.title, referral_url : document.referrer};

if(window.customDimension && window.objDim) {
for(key in customDimension) {
var dimId = 'd' + key.substr(9, key.length);
if(objDim[dimId] && customDimension[key]) { grxDimension[objDim[dimId]] = customDimension[key]; }
}
}
console.log('grxDimension', grxDimension);

var subsStatus="Free User";
var jData = JSON.parse(localStorage.getItem('jStorage'));
function getCookie(n) {var ne = n + "=", ca = document.cookie.split(';');for (var i=0;i -1) {
subsStatus=”Expired User”;
} else if (grx_userPermission.indexOf(“subscribed”) > -1 && grx_userPermission.indexOf(“cancelled_subscription”) > -1 && grx_userPermission.indexOf(“can_buy_subscription”) > -1) {
subsStatus=”Paid User – In Trial”;
} else if(grx_userPermission.indexOf(“subscribed”) > -1) {
subsStatus=”Paid User”;
} else if(grx_userPermission.indexOf(“etadfree_subscribed”) > -1) {
subsStatus=”Ad Free User”;
}
} catch (e) {}
} else {
grxDimension[‘user_login_status’] = ‘NONLOGGEDIN’;
}
grxDimension[‘user_subscription_status’] = subsStatus;
})()

grx(‘track’, ‘page_view’, grxDimension);

if(geolocation && geolocation != 5 && (typeof skip == ‘undefined’ || typeof skip.fbevents == ‘undefined’)) {
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘338698809636220’);
fbq(‘track’, ‘PageView’);
}

var _comscore = _comscore || [];
_comscore.push({ c1: “2”, c2: “6036484”});

if(geolocation && geolocation != 5) {
(function() {
var s = document.createElement(‘script’), el = document.getElementsByTagName(“script”)[0]; s.async = true;
s.src = (document.location.protocol == “https:” ? “https://sb” : “http://b”) + “.scorecardresearch.com/beacon.js”;
el.parentNode.insertBefore(s, el);
})();
}

if(geolocation && geolocation != 5) {

(function(){
function pingIbeat() {
window._pg_endpt=(new Date()).getTime();
var e = document.createElement(‘script’);
e.setAttribute(‘language’, ‘javascript’);
e.setAttribute(‘type’, ‘text/javascript’);
e.setAttribute(‘src’, “https://agi-static.indiatimes.com/cms-common/ibeat.min.js”);
document.head.appendChild(e);
}
if(typeof window.addEventListener == ‘function’) {
window.addEventListener(“load”, pingIbeat, false);
} else {
var oldonload = window.onload;
window.onload = (typeof window.onload != ‘function’) ?
pingIbeat : function() { oldonload(); pingIbeat(); };
}

})();
}

Most Popular

Xian Conference Center / gmp Architects

Xian Conference Center / gmp Architects© CreatAR Images+ 10ShareShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/945106/xian-conference-center-gmp-architects © CreatAR ImagesText description provided by the architects. Construction of the Silk Road International Conference...

Shatrughan Sinha राम मंदिर शिलान्यास से हुए अभिभूत, बोले- जब कमल का राज आएगा तभी…

राम मंदिर भूमिपूजन (Ram Mandir Bhumi Pujan) को लेकर शत्रुघ्न सिन्हा (Shatrughan Sinha) ने किया ट्वीटखास बातेंराम मंदिर शिलान्यास को लेकर शत्रुघ्न सिन्हा...

8 Dead After Fire Breaks Out At Covid-19 Hospital In Ahmedabad

Ahmedabad Hospital Fire: Fire broke out at Shrey Hospital in Ahmedabad early Thursday morning.Ahmedabad: Eight people have died after a huge...

Amazon Prime Day 2020: Exciting Deals On Kitchen Appliances That You Can’t Miss!

It is that time of the year when festivities are at peak. And to make it yet more special, Amazon is here with...

Recent Comments