TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Congress leader Rahul Gandhi

    Where Is Rahul Gandhi? On His 55th Birthday, the ‘Youth Leader’ Still Seems ‘Missing’

    Sonam Raghuvanshi Named Prime Suspect

    Who Was ‘Sanjay Verma’—and Why Did Sonam Raghuvanshi Call Him Over 100 Times Before Her Husband’s Murder?

    Centre Withholds Travel Nod for US Conference

    No Go for Priyank Kharge: Centre Withholds Travel Nod for US Conference

    Akhilesh Yadav

    Akhilesh Yadav Promises Unity in UP, But INDIA Bloc Still Struggles to Stay Together

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    real estate

    US Firms Hit All-Time High in Office Space Leasing Across India: Report

    PM Narendra Modia

    11 Years of Modi Govt: Making Welfare Seamless with Direct Benefit Transfers, DigiLocker, UMANG

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    reliance infrastructure in strategic partnership

    Reliance Infrastructure and Dassault Aviation Expand Falcon Jet Manufacturing to India

    congress leader likens operation sindoor to a computer game

    Congress’ Patole terms Operation Sindoor as ‘Video Game’, Sparks Controversy

    India-Russia Pact on the Su‑57 as a Leap of Strategic Trust

    From Buyer to Partner: What the Su‑57 Means for India’s Military Autonomy Inside Russia’s Su‑57 Gamble with India

    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Khalistani Extremists Using Canadian Soil to Fund and Plot Anti-India Attacks: Canada's intelligence agency CSIS

    Khalistani Extremists Targeting India from Canada: Canada’s Intelligence Agency

    operation sindhu

    110 Indian Students Evacuated from Iran Under ‘Operation Sindhu’

    PM Modi's visit may propel for India-Canada FTA

    India-Canada Diplomatic Reset: Modi and Carney Pave Way for Trade Talks

    Asim Munir Meets Trump in Washington Amid U.S. Protest and Regional Tensions

    Trump to Meet Asim Munir in Washington Amid Protests and Regional Tensions

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    jagannath rath yatra

    Everything You Need to Know About Jagannath Rath Yatra: History, Significance, Rituals, and Celebrations

    Bobby Mukkamala Becomes 1st Indian-American President of AMA

    Bobby Mukkamala Becomes First Indian-American President of the American Medical Association

    The Vedic Ethos: A Civilization of Knowledge and Inquiry

    From Rigvedic Wisdom to Modern Decay: How Islamisation Crushed a Knowledge Civilization

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    the world's most liveable cities in 2025

    Copenhagen Named World’s Most Liveable City for 2025, Surpassing Vienna

    Air India flights getting cancelled after Ahmedabad plane crash

    After Ahmedabad Crash, several Air India Flights Face Technical Issues

    India's quantum leap

    India’s Quantum Leap: DRDO and IIT Delhi Develop Ultra-Secure Communication

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Congress leader Rahul Gandhi

    Where Is Rahul Gandhi? On His 55th Birthday, the ‘Youth Leader’ Still Seems ‘Missing’

    Sonam Raghuvanshi Named Prime Suspect

    Who Was ‘Sanjay Verma’—and Why Did Sonam Raghuvanshi Call Him Over 100 Times Before Her Husband’s Murder?

    Centre Withholds Travel Nod for US Conference

    No Go for Priyank Kharge: Centre Withholds Travel Nod for US Conference

    Akhilesh Yadav

    Akhilesh Yadav Promises Unity in UP, But INDIA Bloc Still Struggles to Stay Together

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    real estate

    US Firms Hit All-Time High in Office Space Leasing Across India: Report

    PM Narendra Modia

    11 Years of Modi Govt: Making Welfare Seamless with Direct Benefit Transfers, DigiLocker, UMANG

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    reliance infrastructure in strategic partnership

    Reliance Infrastructure and Dassault Aviation Expand Falcon Jet Manufacturing to India

    congress leader likens operation sindoor to a computer game

    Congress’ Patole terms Operation Sindoor as ‘Video Game’, Sparks Controversy

    India-Russia Pact on the Su‑57 as a Leap of Strategic Trust

    From Buyer to Partner: What the Su‑57 Means for India’s Military Autonomy Inside Russia’s Su‑57 Gamble with India

    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Khalistani Extremists Using Canadian Soil to Fund and Plot Anti-India Attacks: Canada's intelligence agency CSIS

    Khalistani Extremists Targeting India from Canada: Canada’s Intelligence Agency

    operation sindhu

    110 Indian Students Evacuated from Iran Under ‘Operation Sindhu’

    PM Modi's visit may propel for India-Canada FTA

    India-Canada Diplomatic Reset: Modi and Carney Pave Way for Trade Talks

    Asim Munir Meets Trump in Washington Amid U.S. Protest and Regional Tensions

    Trump to Meet Asim Munir in Washington Amid Protests and Regional Tensions

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    jagannath rath yatra

    Everything You Need to Know About Jagannath Rath Yatra: History, Significance, Rituals, and Celebrations

    Bobby Mukkamala Becomes 1st Indian-American President of AMA

    Bobby Mukkamala Becomes First Indian-American President of the American Medical Association

    The Vedic Ethos: A Civilization of Knowledge and Inquiry

    From Rigvedic Wisdom to Modern Decay: How Islamisation Crushed a Knowledge Civilization

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    the world's most liveable cities in 2025

    Copenhagen Named World’s Most Liveable City for 2025, Surpassing Vienna

    Air India flights getting cancelled after Ahmedabad plane crash

    After Ahmedabad Crash, several Air India Flights Face Technical Issues

    India's quantum leap

    India’s Quantum Leap: DRDO and IIT Delhi Develop Ultra-Secure Communication

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Under the PLI scheme, Samsung and Apple will boost the Indian manufacture sector

TFI Desk by TFI Desk
25 January 2022
in Economy
India. Indian, Manufacturing, Apple, Samsung, PLI
Share on FacebookShare on X
  • For the last three decades since economic liberalization, India had a very peculiar kind of economic growth, driven by the services sector and high-tech industries.
  • Indian expanded its services sector exponentially in the last 3 decades
  • The Modi government must be given credit for preparing hard infrastructure (roads, ports, electricity) and putting the necessary reforms like GST, Insolvency and Bankruptcy Code (IBC) in place.
  • India is an emerging leading destination for manufacturing.

For the last three decades since economic liberalization, India had a very peculiar kind of economic growth, driven by the services sector and high-tech industries. The historical experiences of most of the countries that industrialized were very different – they went from agricultural societies to industrialized ones. The technological advancement was gradual from textile and coal in the 1750s to slowly moving to atomic energy and fighter jets in the 1950s.

The Western countries completed this process of industrialization over a period of more than 200 years and East Asian countries completed the whole cycle within 50 years. 

RelatedPosts

Trump to Meet Asim Munir in Washington Amid Protests and Regional Tensions

‘No Mediation, No Trade Talk’: Modi Draws the Line in Call With Trump

A New Chapter in Indo-Canadian Relations: Past Challenges, Future Prospects

Load More

On the other hand, Indian expanded its services sector exponentially in the last 3 decades, so experiencing a kind of growth experienced by advanced economies, not of an economy transitioning from agriculture to industry. 

The reason behind this peculiar growth was the lack of infrastructure and primary education, which are two essential ingredients for any economy to become a manufacturing powerhouse. However, in the last three decades, the problem of education and infrastructure has been solved and the country is all set for growth in the manufacturing sector.

So, one can argue that like the country experienced a boom in the services sector in the last three decades, the next three decades will be dominated by manufacturing. 

The Modi government must be given credit for preparing hard infrastructure (roads, ports, electricity) and putting the necessary reforms like GST, Insolvency and Bankruptcy Code (IBC) in place. And with China plus one strategy of the global coupled with Production Linked Incentives is providing the necessary impetus for Indian manufacturing to pick up.  

The early signs of the rising manufacturing sector are already visible with exports rising to 400 billion dollars in FY 22 from being stagnant around 300 billion dollars for the decade. Companies like Apple and Samsung are taking the benefit of the PLI scheme and surpassing targets set by the government. The two electronics giants of manufactured smartphones worth 5 billion dollars in FY 22, surpassing the PLI target by almost 50 per cent.

India is an emerging leading destination for manufacturing. Sectors like Electronics, IT hardware, Textile and apparel are picking up pace, thanks to the conducive environment and PLI scheme. 

“The leading global value chains (GVC) firms have got off to a blazing start. Besides Pegatron and Bharat FIH which are now gearing up, the big three — Wistron, Pegatron and Samsung — will achieve significant production of $5 billion in 2022,” Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA), told IANS.

Samsung and Apple are exporting handsets and other electronics manufacturing in India to countries like the United Kingdom, Japan, Netherlands, Germany, UAE, Russia, and South Africa. 

In a decade, Made in India brand is expected to be as popular as Made in Japan used to be in the 1970s and 1980s and Made in China in the 1990s and 2000s. Apart from the electronics industry, a lot of investment is coming in the textile sector from European companies. The European companies, which preferred to manufacture in China given the availability of raw material and cheap labour, are now turning to India because the country has even cheaper raw material as well as labour. 

The demographic dividend (low dependency ratio and high availability of low skilled workforce) that India enjoys today will last for another two to three decades and this will surely transform the economy of the country, making it the largest country by GDP by 2050. The last three decades were defined by the manufacturing sector and the next three will be defined by the manufacturing prowess of the country. And the reforms initiated by the Modi government will be duly credited for this upsurge. 

Tags: AppleIndiaIndustralisationMade in IndiaManufacturing hubPLI schemeSamsung
ShareTweetSend
Previous Post

Delhi Police busts a major terror funding network utilising Cryptocurrencies

Next Post

Raj Thackeray is the stupidest politician in India

Related Posts

India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions
Economy

India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

19 June 2025

India’s higher education sector has achieved a significant milestone with 54 institutions featured in the QS World University Rankings...

real estate
Business

US Firms Hit All-Time High in Office Space Leasing Across India: Report

15 June 2025

Office leasing by American companies in India has reached historic levels, with 2024 setting a new annual record, driven...

PM Narendra Modia
Economy

11 Years of Modi Govt: Making Welfare Seamless with Direct Benefit Transfers, DigiLocker, UMANG

12 June 2025

Since 2014, the government under Prime Minister Narendra Modi has placed a strong focus on digital innovation as a...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

when the God leaves the temple to be with his devotees.

when the God leaves the temple to be with his devotees.

00:05:49

R.P. Singh Exposes AAP: Following Indira's Model of Separatist Appeasement?

00:11:04

kamakhya Devi and the Power of Menstruation: Ambubachi Mela Explained.

00:04:47

From love to murder- how five plots took down raja raghuvanshi

00:04:38

Marriage gone murderous: expert explains the gruesome murder case.

00:13:01
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited