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 … Continue reading 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)