MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Handset Companies See India as a Popular Destination

Handset Companies See India as a Popular Destination

Global handset makers want India to be the hub for exports, according to reports by ET. Senior industry experts stated about India’s chances of becoming an electronics export at a panel discussion. The experts also advocated that the new national policy could push the matter.

During the third ET India Mobile Conclave, the industry experts shared their views about the matter and discussed on the National Policy on Electronics (NPE) 2019. The event was held in New Delhi on 19th March 2019. According to the experts, India should also focus on catering the international market; assembling to design and pushing further to lift the value chain of manufacturing.

The new policy will assist startups to promote their business and drive end-to-end manufacturing in the country. There were many prominent personalities in the panel in New Delhi; which comprised of Hari Om Rai (Chairman of Lava), Nipun Marya (director of Vivo India), Ajay Mehta (the country head of HMD Mobile India), Carl Ngo (CEO of Mobiistar), Sasikumar Gendham (director of Salcomp Manufacturing India), and Pankaj Mohindroo ( chairman of India Cellular & Electronics Association).

Mr Rai stated that India has the potential to be in an advantageous position because the country has everything to offer for handset makers. Coming to the NPE, he stated that the policy is very promising but it needs to be implemented in reality.

“India has to be built on exports, driven by multinationals and supported by domestic champions,” MrRai was quoted as saying by ET.

YOU MAY ALSO LIKE

Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

RECOMMENDED