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Last updated: May 19th, 2023 at 10:38 UTC+02:00
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In the past, India successfully attracted companies like Samsung and Apple to produce smartphones and smartphone components locally. Now, India is trying to apply the same strategy it did with phones to other types of consumer electronics.
According to Bloomberg, India's Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, said the country's new $2.1 billion plan is meant to attract OEMs into boosting the local production of devices such as laptops, servers, tablets, and others.
“We’ve had considerable success and tailwinds in the smartphone segment and we have increased interest from the likes of Apple and Samsung in expanding and growing here,” said the Minister. He added that India is now essentially repeating that same strategy but widening it in scope to include other types of devices.
All the way back in 2017, Samsung announced plans to invest $620 million to double its smartphone production capacity in India. The country became the largest Samsung mobile device factory based on production capacity, churning out roughly 120 million units every year.
Mihai is a blogger and column writer at SamMobile. His first Samsung phone was an A800 which took a lot of beating, and a part of him still misses the novelty of the clamshell design. In his free time, he enjoys watching shows, documentaries, and stand-up comedy; listening to music, taking walks, and occasionally playing old(er) video games.