You probably notice that maximum of the tech giants like Apple, Samsung, and all, those who have facilities in China are shifting to other countries day by day. Let you know, as per a recent report, Samsung is going to shut down its last China-based TV manufacturing facility by this November. In this case, most of the giants are preferring India.
On this topic, the Union Minister of India Mr. Ravi Shankar Prasad said, “India is emerging as a big manufacturing center and the global manufacture ecosystem is realising that they must have other places apart from China. I am glad to inform that Apple is shifting to India in a significant way, Samsung has already come and they further want to expand. I have been told that around eight factories of Apple have shifted to India from China.”
He also added, “When we came to power in 2014, there were only two mobile factories in India, now its number has crossed 250. We launched Atmanirbhar Bharat with production linked incentive. We invited global companies to come to India and also Indian companies to match,”
Mr. Prasad described that Atmanirbhar Bharat means not an isolated India, rather it means India to be a major economy of the world to support the global economy.
“I announced this scheme in April, during the height of COVID and gave July 31 as the last date for filing applications. They have committed to make mobile phones and components worth Rs 12 lakh crores in 5 years of which Rs 7 lakh crores worth products will be exported. It will provide jobs to three lakh in India directly and nine lakh Indians indirectly,” – Ravi Shankar Prasad.
As per his declaration, PM Modi’s steps against China are very bold and have been recognized by other countries like the US, UK, Japan, and Australia.
“When something happened with China in Ladakh, our PM stood firmly and made it very clear that India shall not compromise on its sovereignty. This bold stand of India is being globally recognised from US, UK and Japan to Australia,”
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