Government will offer full support to Chinese companies who want to set up mobile manufacturing plants here to tap the country’s growing handset market, an official said.
The official said there would be clearly differentiated field for those who look “India only as a market” and those who choose to partner with Indian firms.
“There is unprecedented opportunity in this space between Chinese manufacturers and Indian companies. For those who are willing to come in and partner us in India, we will offer every kind of support whether it be at central government or at state government level,” Ministry of Electronics and Information Technology (MEITY) Secretary, Aruna Sundararajan, today said.
She was speaking at second ‘India China Mobile Phone and Accessories Manufacturing Summit’.
“We would welcome partners who will come and manufacture in India. There will be clearly differentiated field for those who look India only as a market and those who choose to partner with us in India,” Sundararajan said.
She further said, India is at present a 280-million smartphone market and the government has a goal that every Indian should have an access to smartphone.
“You will find extremely supportive and welcoming environment. You will find enough industry partners who will guide you through and make sure that you find India a profitable and rewarding state to do business,” Sundararajan said.
India is now one of the fastest growing economies and there are stable policies which are making the country a vibrant destination for investments, she said.
The comments come at a time when Indians on social media platform are calling for boycott of Chinese products because of support rendered by China to Pakistan.
When asked about calls for boycott of Chinese products on social media, Sundararajan said, “Quality, safety and security are paramount. Beyond that I don’t think it is fair to take stand.”
Ministry of Electronics and Information Technology Joint Director Meenakshi Rai Bhatia said that around 7,000 acres of land are available across 18 states for companies to set up their factories in India.
From Agencies, Feature image courtesy imgur
