Pegatron, the Taiwanese electronics major, has opened its mobile manufacturing facility in Chengalpattu near Chennai, Tamil Nadu, India.
Cheng Jian Jong, Chairman, Pegatron Technology India said that it has been an extraordinary journey for Pegatron to be in India. “We are overwhelmed by the support extended by Government of India and Tamil Nadu” he said.
Pegatron has set up the mobile manufacturing facility under Centre’s Production Linked Incentive scheme (PLI).
“It is a symbol of partnership between the Centre and the states to help India achieve the target of $300 billion in electronics manufacturing, from the current $75 billion,” Rajeev Chandrasekhar, the Union Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, said.
Rajeev Chandrasekhar spoke of how the PLI scheme has played a big role in ushering in investments and employment in electronics manufacturing, and that it has catalysed an investment of Rs 6500 crore in a short span of time, generating employment of over 40,000.
Rajeev Chandrasekhar said schemes like the Phased Manufacturing Programme (PMP) and the PLI have propelled the mobile phone sector into new heights. “Mobile phone exports in India in 2015-16 were near zero. They have reached around Rs 50,000 crore. India used to be heavily dependent on imports of mobile phones. In contrast, today, 97 percent of mobile phones used in India are products of domestic manufacturing.”
Chief Minister of Tamil Nadu, MK Stalin, Minister of Micro, Small and Medium Enterprises Department, Government of Tamil Nadu, TM Anbarasan, apart from Lin Chiu Tan, Managing Director of Pegatron Technology India, Denese Yao, Senior Vice President of Pegatron Corporation, Kuo Shing Jung, CEO of Pegatron Technology India were also present on the occasion.