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Govt plans to provide credit guarantee up to Rs 100 cr, interest subsidy on loans for electronic mfg firms
•The government will provide up to 50 percent guarantee cover of the sanctioned loan amount.
E-commerce sale of mobiles phones in India account for 45-50% of handsets: ICEA
•In comparison, in the US, the e-commerce sale of mobile phones is apparently somewhere around just 2 percent.
E-commerce players follow predatory pricing, pose big challenge to offline retail players, says mobile industry group
•E-commerce is growing very rapidly but if it is at the cost offline retail industry.
Make in India: Mobile handset manufacturing helps country save Rs 3 lakh cr; provides over 4.5 lakh jobs
Ians •In the past four years, India's mobile handset and components manufacturing industry has enabled the establishment of over 120 new manufacturing units, generating employment for over 4.5 lakh people, the report added.