'Mobile phones made in India last year accounted for 11% of the world's share, and this number is still climbing this year. In April this year, Indian officials said that India has surpassed Vietnam to become the second largest mobile phone after China. Country of manufacture. '
The Indian market at this time seems to be 'hot.'
Since Samsung, Apple and Foxconn announced plans to build a plant in India, Holitech, one of Xiaomi's main component suppliers, officially announced that it will invest 200 million US dollars in India within three years. It is expected to be the first in 2019. The production of parts in India can begin in the quarter. The company has signed a memorandum of understanding with Andhra Pradesh, India.
Previously, more than 15 mobile phone manufacturers from China have completed their plans to build factories in India. According to data released by the Indian Cellular Communications Association, mobile phones manufactured in India last year accounted for 11% of the global market, far exceeding 2014. 3%, and this number is still climbing this year. In April this year, Indian officials said that India has now surpassed Vietnam to become the second largest mobile phone manufacturer after China.
'Go to India'
Indians like to call their country 'IncredibleIndia', and this is a must for a journey of life.
But now, India's label may soon add a 'MadeinIndia'.
On August 6, Helitai announced that it will build a factory in Andhra Pradesh, India, becoming the first camera module in India to produce camera modules, thin film transistors (TFTs), capacitive touch screen modules (CTP), flexible printed circuits (FPC) and fingerprints. Sensor manufacturer.
Helitai spokesman said that Helitai's parts manufacturing plant will occupy 75 acres in Tirupati, Andhra Pradesh, and may start production in the first quarter of next year. It is expected to create 6,000 jobs in three years. The company can produce 50 million parts per month. The establishment of the plant in India is also the first large-scale expansion of Helitai outside China. At present, Helitai has 16 factories in China and Taiwan.
Helitai is an important supplier in the Xiaomi mobile phone industry chain. A few days ago, Xiaomi said that he would allocate a large amount of IPO financing funds for the development of Indian business.
Xiaoma India company head Jamacu said that Xiaomi's IPO financing last month totaled 4.5 billion US dollars. The company will use 30% of the funds for research and development, 30% of the funds for the IoT platform, 30% of the funds In the global expansion, the remaining 10% of the funds are used for various other expenses. Currently, Xiaomi has invested in 10 start-up companies in India. In addition, Xiaomi will also prepare to enter the high-end smartphone market in India. Jamacu also Said that they will further develop Xiaomi's official website Mi.com. Currently, in terms of GMV (the amount of website transactions), Xiaomi's official website has become the third largest website in India.
Cost test
The maturing market has become the best reason for Chinese mobile phone manufacturers and surrounding industries to set up factories in India.
According to data from the Indian Telecommunications Authority (TRAI), by the end of March 2018, the number of Indian telecommunications subscribers was 1,2022.2 million, and the penetration rate of telecommunications subscribers had reached 92.84%. The penetration rate of mobile telecommunications subscribers was 91.09%, which is basically equivalent to mobile. Users, there are very few fixed-line users, and the penetration rate is only 1.76%. In the same period, the penetration rate of China's mobile phone users was 105.8%, and the fixed-line penetration rate was 13.7%. Under the condition that per capita GDP is only one-fifth of China's, The same telecommunications penetration rate as China, this is a very good result.
'The Indian market is very similar to the Chinese market when 2G switched to 3G a few years ago. The demand for smart phones has begun to expand. 'An official person in charge of the Indian market of Lephone has told reporters that Chinese manufacturers have increased their local The investment, I hope to use the 'nanny' service method to segment the market as much as possible.
However, the above-mentioned person in charge also told reporters that the tariff adjustment of the Chinese mobile phone manufacturers in the Indian market is also a key factor that forces manufacturers to build factories.
It should be said that although the mobile phone manufacturing heat in India has been going on for several years, the production is basically concentrated on the assembly of parts. There is no production capacity for components and molds in India. However, the Indian government will start from December 2017. The basic tariff on smartphones has increased from 10% to 15%, and in February 2018 it has risen to 20%. In April, 10% tariffs were imposed on electronic components including circuit boards and camera modules. Such a policy is undoubtedly Will promote the mobile phone upstream electronic components and the whole machine in the local production.
'It is predicted that tariffs will continue to be added to components in September. There is no specific news yet, but in the long run, building a factory has become the choice of many manufacturers. ' The person in charge of Lefeng Mobile told reporters.
However, what the reporter learned from the market is that, because the domestic production line is relatively perfect, it may be more suitable for domestic mobile phone manufacturers to enter the Indian market by means of trade import. Generally, if it is fast, the order from the order to the Indian warehouse, the order turnover cycle In about 8 days, it is very convenient to transfer from Hong Kong, China.
For the comparison of China and India on the cost, a local Chinese mobile phone agent in India told reporters: 'The taxation of each state (country) has also been adjusted, which directly affects the profit of mobile phones and peripherals such as chips. Under the choice of indigenous manufacturing in India, or cooperation with local foundries, mainly in the long run.
In addition, some Chinese mobile phone manufacturers who did not want to be named told reporters that there is no mature industrial cluster in India. For the construction of the factory, the short-term peripheral cost will be relatively large. 'Although the manufacturing cost will be lower than China's. Some, but from the perspective of efficiency and quality, there are still many uncertain factors, so in the short term, Chinese manufacturing still has strong competitiveness.' The source said.