India's mobile production may hit 500mn in 2 yrs
India's mobile phones production may reach 500 million units in the next two years, Telecom Secretary JS Deepak said on Sunday. The production for 2015 was 100 million units while it was 68 million in 2014. Under the 'Make in India' initiative, device makers including Micromax, Lava, Gionee, Lenovo, OnePlus and Xiaomi have started their assembling units in the country.