India to develop homegrown mobile phone brand
The government looks to have 3 to 4 fabrication plants and take leadership in the market within the next five years.
The Indian government is working on developing its mobile phone brand in line with the development of semiconductor system in the country.
Union Minister Ashwini Vaishnaw said the government is also working on creating the entire handset ecosystem in the country, adding that their initial success of having large-scale mobile manufacturing would benefit the project.
It has given the industry a lot of confidence. It has given the impetus to the ecosystem partners to come to India. That will be the journey in the next five years,” Vaishnaw said as quoted by India’s Economic Times.
The proposal follows a similar initiative based on the directive of Prime Minister Narendra Modi on the development of semiconductor system in India over 20 years.
According to Vaishnaw, the Micron plant is already under construction while they move from the design ecosystem to fab and Assembly, Test and Packaging ecosystem.
The minister said that the government is looking to have at least three or four good, high-volume fabrication plants, create a niche and take leadership in at least one product category within the next five years.