Make in India: Mobile phone exports increased by 7500 percent in 10 years

New Delhi| The Make in India initiative launched 10 years ago by the Modi government has seen tremendous impact in every sector related to the economy, from manufacturing and exports. The success of this initiative shows that India managed to become the second largest mobile phone manufacturer in the world in these 10 years.

Prime Minister Narendra Modi wrote a blog on social media on Wednesday to mark the 10th anniversary of Make in India, saying, When the initiative was launched in 2014, there were only two factories manufacturing mobile phones in the country. Now they number more than 200. In these 10 years, mobile phone exports from the country have registered a spectacular growth of 7,500 per cent.

10 years ago, in 2014, India used to export mobile phones worth Rs 1,556 crore, which has now increased to the level of Rs 1.2 lakh crore. Today, 99 per cent of mobile phones used in the country are Made in India, that is, made in the country itself. Make in India was launched in September 25, 2014 to make the country a global manufacturing hub.

The country had one startup launch every hour in the last 10 years. This has increased the number of startups from 350 in 2014 to 1.48 lakh. What is special is that 45 per cent of startups are in tier-2 and tier-3 cities. More than one crore patents have been granted since 2014.

Make in India initiative has a major contribution in bringing revolutionary changes in the MSME sector. There are 4.91 crore MSMEs registered on the Udyam portal. Of these, 1.85 crore units are run by women. The special thing is that MSMEs have employed 21.17 crore people.

Revolutionary change in these sectors
1. Semiconductor: The domestic semiconductor manufacturing sector has attracted more than Rs 1.5 lakh crore investment. Approval has been given to set up five plants in the country, which together will make more than 7 crore chips every day.
2. Renewable Energy: India is the fourth largest renewable energy producer in the world. Its production capacity has increased by 400 per cent.
3. Toy exports: up 239% from $96.2 million in 2014-15 to $325.7 million in 2023-24.
4. PLI: An investment of Rs 1.28 lakh crore has come. More than 8.5 lakh jobs were found.