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Smartphone PLI created 5,00,000 jobs: Vaishnaw

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Smartphone PLI created 5,00,000 jobs: Vaishnaw

by Blitz India Media
December 2, 2023
in News
Ashwini-Vaishnaw
Team Blitz India

NEW DELHI: The Government’s production-linked incentive (PLI) scheme has led to incremental job creation of 500,000 in the mobile phone industry, said Union Minister for Railways, Communications, Ashwini Vaishnaw said on December 1.

Vaishnaw claimed that the development of India’s design and component manufacturing ecosystem is ‘highly encouraging,’ adding that domestic value addition is increasing by the day, and in some products, it is “as high as 60 per cent”.

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Dixon, which is India’s largest home-grown electronics manufacturing services player, said it started manufacturing smartphones for the Chinese device maker Xiaomi in the third quarter (Q3) of calendar year 2023 (CY23), through its new manufacturing unit.

“As many as 5,000 people will work to manufacture smartphones and feature phones at a large scale in the new unit,” Vaishnaw said.

“We have a five-year-long association with Xiaomi India and are excited to start this new chapter that exemplifies synergy between our two organisations,” said Atul Lall, vice-chairman and managing director, Dixon Technologies (India).

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