Page 23 - NIS English 16-30 Sep 2024.pdf

Electronics
sector
99%

smartphones are made
in India, second-largest
producer
India's electronics sector is growing rapidly. Production
has more than doubled from $48 billion in FY 2017
to $101 billion in FY 2023. The main reason for this is
mobile phones. India has reduced its dependence on
smartphone imports to a great extent, now more than
99% of smartphones are being produced in India itself.
India is the second largest producer in the world in
mobile production. Total mobile exports have reached
Rs 3.22 lakh crore. There has been a 76-fold increase in
the last decade.

The time has come for India to
Increase in mobile
showcase its strength to the world.
production We must recognize our manpower
lakh crore rupees lakh crore rupees and present the image of Skill India

to the world.

1.57 19.45 - Narendra Modi, Prime Minister

2004-14 2014-24 further proves the country's unique development
paradigm. This has been the identity of Prime
Minister Narendra Modi's government in the last 10
years, which shows the way for other developing
countries to follow. PM Modi's GDP plus welfare
Mobile phone
model has worked wonders for India, which was
exports
increased by
1,566 crore rupees 1,28,982 crore rupees 82 times deprived of even the basic amenities of life for
a long time. The credit for this success reflects
a different thinking from the welfare approach

2014-15 2023-24 before 2014 which mainly included handouts,
loan waivers, or distribution of consumer goods.
Learning from his development initiatives in
Gujarat, PM Modi first focused on building
Mobile imports decreased
fundamental public infrastructure, empowering
individuals to act as 'agents of change'. This
approach is seen in government schemes like
Saubhagya, Jal Jeevan Mission, PM Awas Yojana,
48,609 crore rupees 7,674 crore rupees and PM Gramin Sadak Yojana. Today India has
achieved 100% village electrification, while over 15
crore tap water connections are providing water
2014-15 2023-24 to 70% of households, up from only 17% about a
decade ago. In addition, PM Modi's government

New India Samachar September 16-30, 2024 21