Homepage / Asia / This Indian cellphone factory shows how homegrown tech is aiming to compete
Bewertungen zu Vulkanvegas Lesen Sie Kundenbewertungen zu vulkanvegas com 3 von 5 小柳商事株式会 Mostbet Türkiye mobil uygulamasını indi What to anticipate in VDR Providers Best Country To get yourself a Wife: Asia, Europe & Latin America Technology and Asylum Procedures Business Process and Digitalization How to begin Your Blog With no Investment Software For Modern Business Setting Up the Electronic Data Areas Legal Support and Advice Intended for Small Businesses The very best Virtual VDR Providers 9 Tips for Working With Teams in Different Timezones Korean Brides -mail Order Brides From Southern Korea Choosing a Data Place Antivirus Solutions — What to Look For within a Good Anti-virus Solution Best Alternatives of VPN Software New Step by Step Roadmap for Marijuana News Relationship With A Russian Mail Order Bride: Can It Develop Suitable Family? Steve Munger: These Primary Guidelines Made Me Effective In Life With Warren Buffett, Thought about All Three Guide To Choosing The Right Mailbox Order Star of the event Web Site In 2023 Few Wins $3 Million In Pennsylvania Lotto Scratcher, Strategies Trip Privately owned Internet Access Avast Review Powerful Deal Achievement Top Rated Free VPN Services Adaware Review – Is Adaware Review Right For You? Large 15 Best Countries To find a Spouse In 2023 Online dating services Reviews Ideal Legit Snail mail Order Bride-to-be Sites To Decide On In 2023 & Feedback Thailänder Brides Pleasant Thai Mailbox Order Wedding brides To Marry Thailänder Brides Get A Thailand Deliver Order Bride The principal Expenses Ukrainian Mail Order Spouse Cost Includes The Nations Just where Girls Have One Of The Best Lives, In Chart Romancescout: Your Information To On-line Relationship Evaluations, Recommendations Tes Ship Order Bride-to-be Discover A Overseas Spouse Across the internet Free With Jetbride Com Powerful Interracial Marriages Exquisite Interracial Lovers Exactly what the Best Online dating Websites? Very best Dating Web page Reviews – Find Your web Soul Mate Ways to Create Online dating sites Profiles Long Relationship Suggestions Long Relationship Suggestions How to begin a Successful Wife Search Getting married to a Russian Child The right way to Meet Delightful Ladies Around the World To recognize Know About Ukrainian Single Girls Dating The Different Types of Sugar Daddies The key benefits of Dating a Latina Top 5 International Dating Sites Russian Women Seeking Men Overseas Cookware Interracial Lovers and the Backlash Against All of them Getting the Marriage License and Wedding ceremony Done Correct How to pick the Best Web based Marriage Company Flirting Tips For Timid People Delightful Interracial Lovers Crucial Russian Females Dating Suggestions for Men Steps to create the Most of Dating An individual From Another Country Web based Top five Romantic Honeymoon Destinations Just what Soulmate? Web based Relationships Suggestions The Challenges of Dating An individual From A further Country Setting Expectations just for Online Sugar Daddy Arrangements Marital relationship License and Ceremony Why Are Latinas Heated? Getting Foreign Bride-to-be Tips on how to Propose — What’s the Best Way to Say “I Do”? Is usually Your Long Distance Marriage Moving Too quickly? Dating Etiquette — The Modern Rules of Seeing A Quick Guide to the Use of NLP in Chatbots Building Trust in Human relationships Les mariages interracials les plus réussis sont ceux basés sur l’amour & le respect Browsing through Cultural Differences in Asian Human relationships How you can Have a cheerful Marriage The right way to Fix a Relationship With out Hurting Your companion How to Spice Up a lengthy Distance Relationship The main advantages of Online Dating What is the Best Female Race to Marry? Western european Women Stereotypes Why Asian Girls Like Bright white Guys How to Succeed in On the web Relationships Top 5 Online Connections Tips Top 5 Online Connections Tips Leading Countries With Best Foreign Brides Powerful Interracial Relationships Asian Wedding Icon Meanings Where to Find a Deliver Order Star of the wedding Wedding ceremony Traditions in Ukraine For what reason Asian Girls Like Light Guys Asian Brides Via the internet Tips on how to Propose – What’s the simplest way to Say “I Do”? 5 Latina Wedding party Traditions Will possibly not Have Dreamed about When should you Stop Online dating Other People in Online Dating Latina Relationship Interaction Styles How to Find a Bride On line Good Interracial Relationships Oriental Wedding Practices Top five Online Relationships Tips The right way to Meet Overseas Woman and Create a Longer Distance Romantic relationship Where to Meet Latina Mail Buy Brides Where to get a Hot Asian Star of the event

Asia

This Indian cellphone factory shows how homegrown tech is aiming to compete

This article is part of a “Reporter’s Notebook” series, wherein CNBC journalists submit tales and observations from the field.

NOIDA, India — The Intex brand doesn’t have much name recognition beyond India’s borders. In fact, the Indian smartphone maker has even struggled to compete in its home market — pushed aside by global players like Samsung and Chinese tech giants.

Yet, the Intex factory in Noida, an hour outside of Delhi, offers a glimpse into the playbook of Indian companies and their aggressive push to “Make in India,” an initiative Prime Minister Narendra Modi launched three years ago to encourage local manufacturing and spur job creation.

The facility located in this industrial neighborhood is just two years old. And with 750 people working directly on the assembly line, the operation pales in comparison to compounds established by manufacturing giant Foxconn, which employs hundreds of thousands of workers that assemble Apple’s iPhones in China.

Intex workers pull 8.5-hour shifts every day. Each wears a white lab coat and chef-like hat. Each repeats the same tasks in robotic fashion — sorting through components at the front of the assembly line, packaging the final product at the end of the line. The phones are dropped, scratched and squeezed daily to ensure quality control.

The factory churns out 15,000 smartphones and 10,000 feature phones a day. But Intex CFO Rajeev Jain has his eye on another figure: The 70-30 ratio of imported-to-domestic components.

“We are focused on reducing the imported content,” Jain said. “By 2019, most of the components are going to be domestic only. This percentage should definitely reverse.”

Jain says that reversal is key to Intex lowering the cost of its handsets — and ultimately competing with foreign players at home. While the company has five factories throughout India, just one is dedicated to developing components. It’s in the process of building a sixth plant, to reduce its imports from 70 to 20 percent in the next two years.

That effort to sell cheaper, locally produced smartphones has taken on increased importance since November last year, when the government pulled more than 80 percent of banknotes from circulation in an effort to tackle black money. That forced millions of unbanked users onto smartphones to utilize digital payments platforms like Paytm.

Yet internet penetration remains just over 30 percent in a country with an estimated population of over a billion. While the government has challenged local handset makers to develop low-cost smartphones that make digital transactions accessible to the masses, Jain said larger infrastructure issues have proven to be a large hurdle.

“Eighty percent of India resides in villages and tier-two, tier-three cities,” Jain said. “Before, the availability of electricity was a very big issue. Then, networking was the biggest issue. The comfort of the people to user the mobile phone was an issue because of lower education.”

Demonetization has accelerated that digital literacy, and the government has implemented a 10 percent import duty to help local companies like Intex get ahead.

Still, Jain admits domestic companies still lag far behind their Chinese competitors who have spent years building out their own ecosystems in India. Not one local player cracked the top 5 in sales, in the first quarter.

“Whatever positive things they are building, we should take lessons from there,” Jain says, referring to his company’s counterparts in Asia. “We have our own grassroots way of doing business. With those lessons in place we will succeed in the future.”

Source: cnbc china
This Indian cellphone factory shows how homegrown tech is aiming to compete

Comments are closed.