India now officially has the largest population in the world, with a census of over 1.4 billion people. A third of this demographic is comprised of people aged 15-29 years, while another third is aged 0-14 years. This country's population youth has created for India a unique advantage as a market for technology-related products among the younger crowd that drives demand for electronics. The electronics industry in India is gaining momentum courtesy various initiatives of the government to make India the global leader in this space. In January 2022, the government set itself a target of $300 billion in electronics production by 2025-26, focusing on smart phone exports. As a result, India has become the second-largest mobile phone manufacturer in the world, with over 200 mobile phone manufacturing facilities across the country. With increased consumer spending power, the doors to fantastic opportunities will be revealed before international companies to enter into growing Indian markets.
Keywords: Mobile phone, Production, Pre-post pandemic, India