India to Become Handset Super Power

Low mobile penetration and favourable government policies are driving mobile phone manufacturers to set up manufacturing facilities in India.

Apart from being the world’s fastest growing telecom market, India is also emerging as a handset super-power as more manufacturers set up base in the country. Nokia started its unit in Chennai in January 2006 and produced a record 25 million handsets in the first year of operation. The vendor is also exporting mobiles from India to Sri Lanka.

Motorola and electronics manufacturing service vendors (EMS) like Foxconn and Flextronics have also set up plants in India. India is expected to register a handset production of over 51 million units this year to record the highest growth in the Asia-Pacific region.

Source: iSource