Foreign media reported that India manufactured 2 billion mobile phones in a total of 8 years from 2014 to 2022, showing that the progress of manufacturing in India is quite fast, and the annual production of mobile phones has reached about 300 million units. The manufacturing plan launched by India has achieved initial results .
After taking office in 2014, India's current Prime Minister Narendra Modi proposed the Made in India strategy, hoping to develop the manufacturing industry as quickly as China. However, the development of Made in India has encountered many twists and turns.
At the invitation of India at the beginning, Foxconn, the world's largest mobile phone foundry, announced that it would invest US$5 billion to set up a factory in India to promote the development of the Indian mobile phone industry. Ordered a pie.
Until 2017, when Xiaomi mobile phone cooperated with Foxconn to set up a factory in India, Xiaomi mobile phone shipments in India increased significantly. In the third quarter of 2017, it beat Samsung to become the largest mobile phone brand in India, and Xiaomi’s mobile phone shipments in the Indian market also increased. Reaching annual sales of about 40 million units, Made in India has finally made a breakthrough.
In 2019, Foxconn and Apple joined hands to produce iPhones in India, and then Wistron also went to India to set up a factory at the request of Apple. Wistron was full of confidence in its development in India, so Wistron closed its foundry with 80,000 people in mainland China , At this time, the rapid growth of mobile phones made in India made India start to feel ecstatic.
However, when India’s mobile phone industry is gradually seeing hope, the greedy nature of the local Indian consortium is exposed, and many companies face resistance in the development of India. Wistron is undoubtedly a representative of them. Earlier this year, Wistron’s factory in India was acquired by the Indian consortium Tata , Wistron closed all its operations in India in a rage, Foxconn also slowed down its expansion in India, and 1,700 foreign-funded enterprises were deregistered, accounting for one-third of foreign-funded enterprises in India.
Another problem encountered by mobile phone foundries in India is the lack of an industrial chain in India. The iPhones produced by Foxconn and Wistron in India all need to transport mobile phone accessories from China Ocean, resulting in high costs and low production efficiency. At the end of the year, 14 Chinese mobile phone industry chain companies were prompted to set up factories in India. However, with the acquisition of Wistron’s Indian factory, India issued huge fines to Chinese mobile phone companies. Stagnation.
In terms of mobile phone production, India has produced 2 billion mobile phones in 8 years, which is quite a large number. However, it is insignificant compared with China. China produces 1 billion mobile phones every year, and India's annual mobile phone production is only One-third of China, and the quality of mobile phones produced in India is low. Last year, it was reported that the yield rate of iPhones produced in India was as low as 50%, and the gaps in the mobile phones were too large. This is the same as the yield rate of mobile phones produced in China. Very different.
In addition, China also produces most of the world's PCs, TVs, and many other products. These industries in India have just begun. With the greedy faces of local Indian consortiums exposed, India's already developed manufacturing industry may be reversed, and new industries will be even worse. If it will not go to India for development, the strategy of making in India will suffer setbacks.
In fact, at the beginning of the reform and opening up, India’s manufacturing industry and economic size were not too far behind China’s. Over the past 40 years, India’s manufacturing industry has not improved, while China’s economic size is more than five times that of India’s, and there is a gap. It is still growing, but the western media always touts Made in India for some purposes, but in fact Made in India and Made in China are not worth mentioning at all.