No ban on under Rs 12k imported phones - Government clears confusion

In major relief for the smartphone brands, the Minister of State for IT and Electronics, Rajeev Chandrasekhar on Monday said that currently, the central government has no plans to stop the import of smartphones under Rs 12,000 in India. 

The Minister of State for IT and Electronics also said the consultation completed on IT Rules, will issue soon. The government will the interest of every digital citizen. He also said that many more changes will be seen in the coming days.

हमारे Electronics Ecosystem में Indian Supplies का अहम रोल, जब भी ऐसा लगेगा कि Foreign Brands या Participation से उसको खतरा है, सरकार intervene करेगी - राजीव चंद्रशेखर, केंद्रीय IT राज्यमंत्री

देखिए राजीव चंद्रशेखर के साथ अंबरीष पांडे की खास बातचीत@Rajeev_GoI | @GoI_MeitY pic.twitter.com/LBKLBKDNv9

— Zee Business (@ZeeBusiness) August 29, 2022

While speaking to Zee Business, Minister of State for IT and Electronics, Rajeev Chandrasekhar spoke on these following topics - 

- Semiconductor policy was introduced 8 months ago

- Many proposals were received, the advisory committee of ISM is reviewing. 

- Will soon proceed based on its suggestions.

"During the period between 2014 to 2020 (pre-Covid), electronics manufacturing grew almost 250 per cent in India. To further catalyse this momentum, Prime Minister Narendra Modi launched a series of PLI schemes with incentives of $20 billion that have created significant expansion of investments, units and jobs in the sector," said Chandrasekhar.

India is today the world's second largest manufacturer of mobile phones in the world.

The 'Atmanirbhar Bharat' economic policies, with a focus on 'local for global' have set ambitious goals for electronics manufacturing of $300 billion, including exports of $120 billion by 2025-26, up from the current $75 billion.