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India's mobile manufacturing industry expected to create 1.5 lakh jobs in FY24

  • India's mobile manufacturing sector is set to generate 1.5 lakh new jobs, driven by the global trend of shifting production away from China and the Indian government's PLI scheme.
  • Major companies like Samsung, Foxconn, Nokia, and Tata are expected to be key contributors to this job creation.
  • Out of the total jobs, 30,000-40,000 are predicted to be direct jobs, indicating significant potential for employment growth in the Indian mobile manufacturing industry.

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