Electronic manufacturing investment reached a total volume of 1.57 lakh crore in 2017, a jump of 27% compared to Rs. 1.43 lakh crore in 2016; said the government on Friday. The investment was only Rs. 11,000 crore in 2014.
In a year-end review statement, the ministry of electronics and IT said that there has been an almost 60% rise on the production of mobile phones which has touched 17.5 crore units compared to 11 crore units last year, leading to addition of 4 lakh.