Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen for the clue delivery of rain and snow! CTOnews.com August 25 news, Counterpoint Research recently released data show that India with its "Made in India" plan, the current total mobile phone production has exceeded 2 billion, becoming the world's second largest mobile phone producer.

Research shows that, driven by the "Made in India" plan, from 2014 to 2022,"Made in India" mobile phone shipments exceeded 2 billion units, with a compound annual growth rate of 23%, and shipments exceeded 2 billion units.

It is reported that the Indian government has proposed a number of plans and initiatives such as "phased manufacturing plan,""made in India,""production-linked incentives" and "Atma-Nirbhar Bharat"(India's self-reliance) to increase India's local manufacturing industry and added value.

Tarun Pathak, Counterpoint Research Director, said: "India has made great progress in mobile phone manufacturing. Over the years, we have seen India's local manufacturing industry grow to meet domestic response demand, with more than 98% of India's overall mobile phone market shipped by 'Made in India', compared to only 19% of the market when the current government came to power in 2014. "

▲ Source Counterpoint Report However, according to the models released by various brands in Indian market previously reported by CTOnews.com, the equipment hardware situation in Indian market is more dominated by low-end measuring machines than that in the mainland of China market. The current local brands in Indian market are still scarce in high-end machines. According to Counterpoint report, the corresponding medium-and high-end positioning models are more covered by Chinese mainland brands.

▲ Source Counterpoint Report

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.