India to manufacture 500 Million Phones Per Year




Having only just surpassed the 100 million mark, India has set its sights on manufacturing 500 million mobile phones per year.
The telecom secretary, JS Deepak said that the milestone could be reached in as little as two years.
"The time has come when we will reach 500 million maybe in two years," Deepak said at a seminar on telecom and broadcasting. "Today, with its talent base and incentive policy, India is becoming a global hub for manufacturing of phones and especially low-end phones," he added.
The government has tax and duty incentives that promote manufacturing of mobile phones locally for the domestic market.

What are the targets for Nigeria? None!!!

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