New Delhi [India], June 21 : BJP leader Amit Malviya on Saturday hit back at Congress leader Rahul Gandhi's criticism of the 'Make in India' initiative, and said that India's manufacturing sector is growing strongly under Prime Minister Narendra Modi.
Amit Malviya said India is now the world's second-largest mobile phone maker, growing from just 2 factories in 2014 to over 300 today.
He added that the PLI scheme brought in Rs 10,905 crore in investments, with total production of Rs 7.15 lakh crore and exports of Rs 3.9 lakh crore, proving Rahul Gandhi's claims wrong.
In a post on X, Amit Malviya wrote, "Rahul Gandhi claims that manufacturing is collapsing under Modi's "Make in India". Let's bust the myths with facts. India is now the world's 2nd largest mobile phone producer. From just 2 mobile manufacturing units in 2014 to over 300 today. The so-called "failed" PLI scheme, as labelled by Rahul Gandhi, has led to: Cumulative investments of ₹10,905 crore, Total production worth ₹7.15 lakh crore, Exports of ₹3.9 lakh crore, Electronics production value rose from ₹18,900 crore (FY14) to ₹4,22,000 crore (FY24)."
https://x.com/amitmalviya/status/1936342615101755875
"Mobile phone exports surged 77-fold from ₹1,566 crore (2014-15) to ₹1.2 lakh crore (2023-24), 99.2% of mobile phones sold in India are now made in India, up from just 26% in 2014-15. Under the PLI scheme for electronics alone, 1,39,670 direct jobs have already been created. 1.8 lakh new companies were registered in 2023-24, marking a 16% increase over the previous year. Electronics exports hit USD 38+ billion in FY24-25, a 32% year-on-year increase. PLI allocations for electronics rose from ₹5,747 crore (FY24-25) to ₹8,885 crore (FY25-26) a clear signal of continued commitment," the post reads.
Malviya said that under PM Modi, India has transformed from an importer to a global manufacturing powerhouse. He said the government has approved major semiconductor projects worth Rs 1.52 lakh crore and that electronics production is expected to reach USD 300 billion by 2026.
He dismissed Rahul Gandhi's criticism as outdated and said India is growing, building, and leading in the tech and manufacturing sectors.
"The government has approved landmark semiconductor projects worth ₹1.52 lakh crore, a critical leap into deep-tech manufacturing. Overall, electronics production is projected to reach USD 300 billion by 2026. Under PM Modi, India has transformed from an importer to a global manufacturing powerhouse. Rahul Gandhi's narratives are outdated, misinformed, and disconnected from reality. India is building. India is growing. India is leading," the post further reads.
Earlier in the day, the Leader of Opposition in Lok Sabha and Congress MP Rahul Gandhi criticized Prime Minister Narendra Modi saying that despite promises of a "Make in India" factory boom, manufacturing in the country is at a record low and youth unemployment is very high.
Gandhi questioned the effectiveness of the "Make in India" initiative, highlighting that manufacturing in the country has fallen to a record low of 14 per cent of the economy since 2014.