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#RenukaJain, FCA 🇮🇳 @RenukaJain6
, 10 tweets, 2 min read Read on Twitter
Just a few years ago, Lava imported cheap phones from China. Now it builds its own devices at two factories on the outskirts of New Delhi that employ about 3,500 people, and expansion plans are in the works.
2 Along with local firms such as Lava, global smartphone giants including Samsung , Oppo and Xiaomi are expanding rapidly in India, and starting to bring along components suppliers while driving contract manufacturers like Foxconn to ramp up.
3 More than 120 new manufacturing units have created about 450,000 jobs in the mobile phone industry over the past four years, according to the Indian Cellular and Electronics Association, thanks largely to the 'Make In India' campaign
4. That growth has made India the world's second-biggest mobile phone maker and positioned it for further growth as trade tensions and rising costs hobble China's world-leading electronics manufacturing sector.
he Indian industry's emergence is especially visible in Noida, where Lava is based. Once a suburb for tech outsourcing firms, Noida is now bursting with companies making everything from headphones and chargers to high-end smartphones.
6 Lava has some big neighbours in Noida. Samsung this year opened what it said was the world's biggest mobile phone plant there. The South Korean giant last year said it will spend Rs 4,920 crore ($672.45 million) to expand capacity at the plant over three years.
7 Not far from Samsung's factory, China's Oppo, one of India's top smartphone players, is building a massive plant too. It is expected to open soon.
8 Xiaomi, which competes with Samsung for the top spot in India's smartphone market, makes many of its phones using Foxconn's plants in southern India, with a total of six facilities producing its devices.
9 Xiaomi supplier Holitech Technology has committed to investing about $200 million in India over three years in India, with plans to begin manufacturing in early 2019. It will make components such as camera and touch screen modules and fingerprint sensors,
10. More and more companies are realising they need a "China plus one strategy," one manufacturing industry source said.
In China, "there is the Trump risk and there are other risks - currency risks, overall wage appreciation risk and so on,"
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