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India’s mobile phone exports to touch $5.5 bn

After an uncertain start in 2020, owing to multiple Covid waves, the industry stabilised operations in 2021 and has delivered results that exceed expectations…reports Asian Lite News

Mobile phone exports from India will increase by 75 per cent from $3.16 billion in 2020-21 to over $5.5 billion in the current fiscal, a report said on Thursday.

The primary driver of this outstanding performance is the smartphone PLI Scheme launched on April 1, 2020, aimed at shifting GVCs to India and increasing India’s share in global exports.

“The unprecedented increase in smartphone exports is a tribute to government-industry partnership under the most trying circumstances. The government led with its vision and trust in the mobile industry. The industry, in turn, has redefined Atmanirbhar Bharat as Make in India for the World. We are just getting started,” Pankaj Mohindroo, Chairman of ICEA, said in a statement.

After an uncertain start in 2020, owing to multiple Covid waves, the industry stabilised operations in 2021 and has delivered results that exceed expectations.

Increase in mobile phone exports also marks an important shift in the export basket which is gradually transforming from primary commodities to more value-added, high-end products driven by technology industries.

The smartphone PLI saw participation from five global companies — Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron — and Indian champions, including Lava, Bhagwati (Micromax), Padget Electronics, UTL Neolyncs and Optiemus Electronics.

During a 5-year period, the approved companies under the PLI scheme are expected to lead to total production of over Rs 10.5 lakh crore, of which nearly 60 per cent will be contributed by exports to the tune of Rs 6.5 lakh crore.

It is also expected that during this period, nearly 8 lakh new jobs (2 lakh direct and 6 lakh indirect jobs) will be created in the country.

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Can too much mobile usage hurt your kids?

The report underlines that the average daily time spent on smartphones remains at alarming levels in the post-Covid era as there has been a 32 per cent increase in the time spent on smartphones from the pre-Covid period…reports Asian Lite News

At least 69 per cent of parents believe that they lose track of their children, surroundings when they are immersed in their smartphones and 74 per cent admit to getting irritated when their children ask them something, a report said on Tuesday.

A new report titled ‘Smartphones and Human Relationships’ by the smartphone brand Vivo in association with Cybermedia Research (CMR) showcases the impact of smartphones on users and its effect on their relationships.

“The most difficult thing in any behaviour change that we need is to take that first step,” addressing the excessive use of smartphones, Yogendra Sriramula, DGM, Brand Strategy, Vivo India, told.

“Our job here through this survey and the rest of the campaign is to bring that knowledge from the subconscious mind to the conscious mind,” Sriramula added.

Interestingly, the report also highlighted that while the time that is spent with kids and family, in general, has gone up, the quality of time spent has deteriorated.

At least 80 per cent of smartphone users are on their phones even when they are spending time with their kids and 75 per cent admit to having been distracted by their smartphones and not being attentive to kids even while with them.

While 85 per cent of parents feel that their children find it difficult to mix with other kids in a social setting and the overall outdoor experience to be daunting, 90 per cent of parents said that their children are sometimes found to be lacking in acceptable moral and social behaviour.

The overall dependency on phones has increased. People use their phones while eating food (70 per cent), in the living room (72 per cent) and even while sitting with family (75 per cent), said the survey that covered 1100 consumers, across age groups and demographics, in the top 8 Indian cities, including, New Delhi, Mumbai, Kolkata.

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