11.5 lakh crore mobiles will be made in self-sufficient India / country, 12 lakh will get employment, 1.8 crore mobile phones sold after lockdown
New Delhi. Amid the economic challenges posed by the Corona crisis, there has been excellent news within the employment sector. 22 local and international companies have invested about Rs. 11.5 lakh crore mobile. On the opposite hand, 18 million mobile phones were sold within the country after the lockdown. therefore the number of smartphone users within the country has crossed 50 crores.Divaybhske news
read in Gujarati
According to Union Information Technology Minister Shankar Prasad, the scheme will provide employment to 12 lakh people, of which 3 lakh are going to be direct and 9 lakh indirect. The Centre's Rs. The applications have come under the Rs 41,000 crore Production Linked Incentive (PLI) scheme. These companies include iPhone makers Foxconn, Wistron, and Pegatron, also as Samsung, Lava, and Micromax. These companies will invest thousands of crores counting on the approval of the proposal. The last week of June had an impression of production within the name of customs checks.
Apple will shift 20% of production to India
Apple will increase production in India to require advantage of PLI. the corporate is functioning on an idea to shift 20% of smartphone production to India. consistent with market expert Shilpi Jain, Indian brands like Lava and Micromax can cash in and increase market share again.
Unlock boomed
The number of smartphone users within the country is around 500 million amid the Corona crisis. As of March 31, the figure was 48.3 crore. After the lockdown opened, 18 million phones were sold in May-June, increasing the number of users. aside from this, 350 million people also use feature phones. However, the phone companies suffered tons within the lockdown. Between April and June, only 18 million smartphones were sold, up from 37 million within the same period in 2019. Prachi Singh, a senior analyst at Counterpoint, says the mobile market has been booming since June after a 40-day lockdown. Most of the units were closed April, reopening in May. There was no production, but some brands met the demand for wholesale handset imports.
Smartphone sales down 51%. The shortage was reported in April, May, and June after the lockdown.
68% of feature phones also sold less. More spent on necessary works rather than phone.
45% record-breaking sales online Many products were also launched online.
Samsung's sales rose 94% in protest of China
The anti-China stance benefited the South Korean company Samsung. The company's sales rose 94% in one month.
For the primary time during a month, sales of a company's phone have increased such a lot, a Samsung official said.
Chinese company Xiaomi remains the leader within the Indian market with a 29% share.
The market share of Chinese mobile companies fell 9% within the country
The market share of Chinese mobile companies has declined by 9% between April and June 2020 thanks to India's digital strike. consistent with a report by Counterpoint Research, the market share of Chinese companies was 81% between January and March 2020. The market share of Chinese mobile makers fell to 72% within the April-June quarter.
Maruti sold 88% more cars in July than in June, while MG's sales increased 40% from last year
Auto companies got tons of relief in July. Compared to June, Maruti Suzuki's sales increased by 88.17% and Hyundai's by 53.98%. However, on an annualized basis, MG Motors' sales increased by 40% compared to July 19
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