India imported smartphone components worth ₹25,441 crore from China in FY20
Sep 17, 2020, 15:29 IST
As the government pushes for self reliance in the mobile phone and electronics industry with the clarion call for 'Atmanirbhar Bharat', data shows that over 45% imports of smartphone components in the last financial year (FY 2019-20) came from China.
Citing data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the Ministry of Electronics and Information Technology on Thursday said that the total imports of smartphone components in the country in FY2019-20 were worth ₹56,039 crore, out of which imports from China were to the tune of ₹25,441 crore, which amounts to about 45%.
In a written reply to a question in the Rajya Sabha, the ministry also said that the total electronic component imports in the country in FY2019-20 was of Rs 1,15,558 crore, out of which the import from China was of ₹42,983 crore, which amounts to about 37 per cent of the total imports.
Though most factories in China were able to resume operations and achieve around 50 per cent capacity utilization by mid-March 2020, the virus had spread in other parts of the world, including India, by such time and a nation-wide lockdown was imposed on March 23, 2020.
This led to a complete halt in all production activities, including electronics manufacturing, with the exception of a few companies who were manufacturing electronic components for essential medical equipment such as ventilators, the ministry said.
"It was only after the lockdown was lifted that the domestic companies in the electronics sector resumed production and other associated activities. The shutdown of factories for about two months has impacted the domestic electronics manufacturing sector," it added.
According to the India Electronics & Semiconductor Association (IESA), there will be production loss of 20-25 per cent in 2020-21, compared to 2019-20, the ministry said in its reply.
SEE ALSO:
India will take necessary steps against China — 'We will not back down,' asserts Rajnath Singh
Advertisement
Citing data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the Ministry of Electronics and Information Technology on Thursday said that the total imports of smartphone components in the country in FY2019-20 were worth ₹56,039 crore, out of which imports from China were to the tune of ₹25,441 crore, which amounts to about 45%.
In a written reply to a question in the Rajya Sabha, the ministry also said that the total electronic component imports in the country in FY2019-20 was of Rs 1,15,558 crore, out of which the import from China was of ₹42,983 crore, which amounts to about 37 per cent of the total imports.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Though most factories in China were able to resume operations and achieve around 50 per cent capacity utilization by mid-March 2020, the virus had spread in other parts of the world, including India, by such time and a nation-wide lockdown was imposed on March 23, 2020.
Advertisement
"It was only after the lockdown was lifted that the domestic companies in the electronics sector resumed production and other associated activities. The shutdown of factories for about two months has impacted the domestic electronics manufacturing sector," it added.
According to the India Electronics & Semiconductor Association (IESA), there will be production loss of 20-25 per cent in 2020-21, compared to 2019-20, the ministry said in its reply.
SEE ALSO:
India will take necessary steps against China — 'We will not back down,' asserts Rajnath Singh