Q.3 What are the lessons the Indian economy can learn from the expansion of the mobile phone sector in India? What are the challenges in replicating its success? (10 Marks)

Mentor’s comment-
  • https://indianexpress.com/article/opinion/columns/the-mobile-phone-sector-has-lessons-for-indias-economy-7732417/
  • In the intro, mention how India transformed itself to become the second-largest¬†manufacturer globally.
  • In the body, mention the success of the mobile phone manufacturing sector and steps taken by the government such as automatic FDI, import duty, Phased manufacturing plan, manufacturing clusters etc. In the challenges mention lack of technology, investment, low-value addition, labour laws, lack of big manufacturing units etc,
  • Conclude by mentioning the need to leverage the make in India plan to make replicate the success of the mobile phone sector to other parts of the economy.
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project _osiris
project _osiris
3 months ago