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April 12, 2021
They face supply chain disruptions amid the global shortage in semiconductors
Owing to pandemic-related challenges and supply chain disruptions amid the global shortage in semiconductors, mobile phone-makers under the production-linked incentive (PLI) scheme are finding it challenging to meet the scheme’s targets for 2022 as well after having already missed the 2021 targets.
“The situation is very stressful at the moment for mobile manufacturers,” SN Rai, owner of Lava International Ltd, told
BusinessLine. When asked if Lava is confident of meeting the targets this year, he said: “It looks difficult (and) extremely unlikely primarily because of two to three reasons. One is the pandemic. We don’t have an issue on our domestic demand, but there is an issue on the export demand because of the pandemic, primarily in countries like Africa and other places. And the most critical (factor) is that because of this pandemic the supply chain is badly disrupted. We
PLI scheme in mobile yet to take off due to pandemic woes
March 06, 2021
Similar scheme for telecom equipment face less hurdles, say experts The production linked incentive (PLI) scheme for mobile phone manufacturing is yet to take off though a similar scheme for telecom equipment has gained traction, says industry sources.
“It is too early to say”, said Pankaj Mohindroo, Founder and National President of the Indian Cellular Association, referring to the PLI for mobile. “First-year investments have got completed. However, Covid year was quite disruptive, 2021 and 2022 will be the true years where the impact of this will be seen,” Mohindroo observed.
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Bengaluru: Almost three decades ago, Sunil Vachani borrowed $35,000 so he could start making 14-inch television sets in a rented shed outside New Delhi. It was an unconventional choice given India, though renowned for software and services, had long lagged behind in manufacturing.
Today, Vachani’s startup has grown into a sprawling electronics empire. His Dixon Technologies boasts a market value of more than $2.5 billion and the capacity to produce about 50 million smartphones this year. It’s an early indicator of the country’s opportunities and challenges in building a sophisticated manufacturing sector, a top priority for Prime Minister Narendra Modi.