In the crisis of Corona epidemic, where the world economy is hesitating, India has emerged as the most attractive country for foreign investors. In the coming five years, about 22 companies will produce Rs 11.5 lakh crore of mobile phones and components in India. The central government has started a production-linked incentive scheme, which will provide direct and indirect employment to 12 lakh people in the country.

Union Minister Ravi Shankar Prasad had press conference with the media to call the unit of mobile companies in India. During this time, he said that it was our effort that we should call the important units that make phones in the world, and give the mobile companies of India an opportunity to move forward. That is why we have brought the ‘Production Link Incentive Program’.

In which we will give incentives to global and Indian companies for 5 years. In this scheme, applications from 22 companies have been received in the applications that were asked till 31 July. All the companies have told that they will make 11.5 lakh crore mobile phones and components in the coming 5 years. Prasad said that it was our effort that we should call the important unit making phones in the world and give the mobile companies of India an opportunity to move forward. Therefore, we have brought ‘Production Link Incentive Program’ in which we will give incentives to global and Indian companies for 5 years.

In the next 5 years, they will export 60 percent of production, meaning 7 lakh crore mobile and components will be exported. In the next 5 years, we will give direct employment to 3 lakh Indians and indirect employment to about 9 lakh Indians.

Ravi Shankar Prasad said, “Today we are going to make history. When we talk of self-reliant India, we do not talk of separatist India. We have to increase our capacity. Make the world economy out of India’s economy. Make in India Only for India, but not against any country. ” Prasad said that after the formation of Modi government at the Center, electronics manufacturing, especially mobile manufacturing, has increased rapidly. When it came to power, there were two factories, now there are 200.

Let us tell you that the whole world is going through a bad phase of Corona crisis at this time, but this era of Corona crisis led by Prime Minister Narendra Modi has also emerged as the most preferred country for global investors. Global investors have invested heavily in India during the months of April to July. In the last four months, these global companies have invested in India.