India, April 23 -- The Indian electronics industry is transitioning from being a consumption hub to a global manufacturing powerhouse with the launch of one of the first 'Make in India' AI smartphones-the Nova 2 series by Ai+.

At the launch of the new Ai+ smartphone line-up, Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA), spoke about the staggering growth of the domestic sector. According to Mohindroo, India's electronic manufacturing has surged sevenfold over the last decade, now standing at a valuation of Rs.13 lakh crore. Mobile production alone, which was a modest Rs.19,000 crore in 2015, has catapulted to Rs.6.25 lakh crore.

"Mobile phones represent a significant achievement for India," Mohindro...