A case in point is mobile handsets. India is among the world’s fastest-growing smartphone markets, yet feature phones continue to remain a second choice, as they comparatively offer better durability and battery life than smartphones. It simply means that there’s a demand for both smartphones and feature phones. Given this premise, the entire mobile phone segment is expected to generate millions of jobs through manufacturing and assembly units and service centres.
Considering the manufacturing sector, the government of India has been promoting sector specific parks like electronic manufacturing clusters and agro-based food parks in order to boost large-scale manufacturing. Apart from that, the creation of smart sustainable and clean cities is another effort in this direction.
“The world is moving towards a cleaner future and undergoing what we term the fourth Industrial Revolution with the Internet of Things (IoT), services and people. So technologies...