China not allowed! India approves 16 for incentive scheme, none from China

China not allowed! India approves 16 for incentive scheme, none from China

None of the Chinese smartphone makers like Xiaomi, Vivo, Oppo, OnePlus or Realme figure in the list even though together they command over 70 per cent of the smartphone market in India

Advertisement
Sumant Banerji
  • Oct 6, 2020,
  • Updated Oct 6, 2020 11:40 PM IST

The government on Tuesday released the names of 16 applicants who have been found eligible for the product linked incentive scheme for large scale electronics manufacturing launched in April this year, including Samsung, Lava, Micromax, Dixon and contract manufacturers for Apple iPhone - Foxconn, Wistron and Pegatron. None of the Chinese smartphone makers like Xiaomi, Vivo, Oppo, OnePlus or Realme figure in the list even though together they command over 70 per cent of the smartphone market in India.

Advertisement

The international mobile phone manufacturing companies that have been approved under mobile phone (Invoice Value Rs 15,000 and above) segment are Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron. Out of these, three companies, namely Foxconn Hon Hai, Wistron and Pegatron are contract manufacturers for Apple iPhones. Apple (37 per cent) and Samsung (22 per cent) together account for nearly 60 per cent of global sales revenue of mobile phones and this scheme is expected to increase their manufacturing base manifold in the country.

Under mobile phone (Domestic Companies) segment, Indian companies including Lava, Bhagwati (Micromax), Padget Electronics (Dixon), UTL Neolyncs and Optiemus Electronics have been approved. These companies are expected to expand their manufacturing operations in a significant manner and grow into national champion companies in mobile phone production.

The government on Tuesday released the names of 16 applicants who have been found eligible for the product linked incentive scheme for large scale electronics manufacturing launched in April this year, including Samsung, Lava, Micromax, Dixon and contract manufacturers for Apple iPhone - Foxconn, Wistron and Pegatron. None of the Chinese smartphone makers like Xiaomi, Vivo, Oppo, OnePlus or Realme figure in the list even though together they command over 70 per cent of the smartphone market in India.

Advertisement

The international mobile phone manufacturing companies that have been approved under mobile phone (Invoice Value Rs 15,000 and above) segment are Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron. Out of these, three companies, namely Foxconn Hon Hai, Wistron and Pegatron are contract manufacturers for Apple iPhones. Apple (37 per cent) and Samsung (22 per cent) together account for nearly 60 per cent of global sales revenue of mobile phones and this scheme is expected to increase their manufacturing base manifold in the country.

Under mobile phone (Domestic Companies) segment, Indian companies including Lava, Bhagwati (Micromax), Padget Electronics (Dixon), UTL Neolyncs and Optiemus Electronics have been approved. These companies are expected to expand their manufacturing operations in a significant manner and grow into national champion companies in mobile phone production.

Read more!
Advertisement