India aims to move up value chain in mobile phone manufacturing
Wed, Nov 23, 2016 - 5:50 AM
India overtook the US this year to become the world's second-largest smartphone market by users, but it contributes only 6% of the value of phones sold in the country through local manufacturing.
PRIME Minister Narendra Modi has struggled in his campaign to bring more manufacturing jobs to India. But now, he has a solid incentive for technology companies to build more plants in his country: the fastest-growing smartphone market in the world.