According to the new report from CyberMedia Research (CMR), With the introduction of government’s “Make in India”, the country has witnessed the setting up of over 150 mobile handset manufacturing units in India in the past four years.
According to CMR’s India Mobile Handset Market Review Report for 2018, at the end of the 4th quarter of 2018, SKD (semi knocked down) manufacturing stood at around 39 percent while CKD (completely knocked down) manufacturing stood at 57 percent.
The CBUs (completely built units) shared around four percent, the findings showed.
With the intention to foster manufacturing electronics in India, the government introduced the Phased Manufacturing Program (PMP), by subjecting duties on import of electronic components, this intent was to boost local manufacturing using local components.
Prabhu Ram, Head-Industry Intelligence Group, CMR, said that the country is seeing a clear uptick in domestic mobile handset manufacturing which is the result of Government’s new policy push of using import duties to catalyse investments into mobile phone manufacturing.
He also added that the SMT manufacturing has focused on smartphone production, a similar uptake was anticipated in feature phone segment too. The feature phone segment, over the short-term, will see new players, beyond Samsung, taking-up SMT manufacturing.