Human Mobile Devices Aims 4 Million Exports from India, Eyeing Global Growth

Human Mobile Devices is targeting to increase exports from India to over 4 million, currently shipping Nokia feature phones and smartphones to West Asia and Africa from India. Exports to the United States and Europe will receive more attention moving forward.

“Developments in the US do bring an opportunity to India as a plus-one manufacturing hub. Our organization is geared up, and obviously yes, we are (scaling up). A lot of our sourcing and supply chain, is now being based out of India,” Ravi Kunwar, CEO and VP of HMD told sources.

He mentioned that the local contract manufacturing network had expanded greatly, allowing numerous companies to rely on local suppliers. However, he emphasized the necessity of building a local component manufacturing network as component supplies were still dependent on China.

The company is preparing its capabilities and domestic supplier network for an increase in Indian exports to international markets, in light of potential tariffs on Chinese goods by the future US administration led by President-elect Donald Trump.

“That is where we are working very closely with the government in terms of what could be the right policies for India to stand up on its own,” Kunwar added. The government is presently creating policies for incentivizing local manufacturing of components to bolster the government’s Make in India plan.