Revamped PLI Scheme Aims to Boost Local Smartphone Manufacturing in India
4 years, 7 months ago

Revamped PLI Scheme Aims to Boost Local Smartphone Manufacturing in India

News 18  

Smartphone manufacturing in India is being seen as a big avenue going forward, and the government of India is making a few changes to enable that. To further ease the rules and make local manufacturing of smartphones in India seem attractive, the committee has chosen to remove certain valuation caps from the production process, and also de-link the payout of the local manufacturing incentive from the government’s financial condition. In other words, companies manufacturing in India will have an assurance of earning its PLI, therefore making India seem like a viable alternate manufacturing destination after China. A new part of the PLI scheme has also added that these companies may Going forward, it remains to be seen if this encourages manufacturers to shift more of their production to India. However, local manufacturing and exports of smartphones only account for less than $3 billion right now, which the government hopes will grow to over $100 billion by 2025, marking a big move that can shape the future of India’s local smartphone manufacturing ventures.

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History of this topic

Appliances industry seeks second round of PLI, tax rationalisation to boost competitiveness
5 days, 2 hours ago

Appliances industry seeks second round of PLI, tax rationalisation to boost competitiveness

Live Mint  

New Delhi, Jan 9 The appliances and consumer electronics industry has urged the government to bring a second round of the Production-Linked Incentive scheme for high-value components like compressors and motors and rationalise taxes. It has also asked for reductions in tariffs on imports, which will help to make the products competitive in the global market, said industry body Consumer …

India’s smartphone market all set to cross $50 billion in 2025
5 days, 7 hours ago

India’s smartphone market all set to cross $50 billion in 2025

New Indian Express  

NEW DELHI: India’s smartphone market is set to surpass $50 billion in value by 2025, driven by the ongoing trend of premiumisation, according to the latest research from Counterpoint Research. Consumers willing to pay more In simple terms, more and more Indian consumers are willing to spend more on smartphones that offer improved specifications, such as better cameras, faster processors, …

Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI
1 week ago

Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI

The Hindu  

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. Highlighting six key risks of reducing tariffs, he said any reduction would harm India's developing component ecosystem, discourage investment, and hurt …

Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI
1 week, 1 day ago

Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI

Live Mint  

New Delhi, Jan 7 Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. Highlighting six key risks of reducing tariffs, he said any reduction would harm India's developing component ecosystem, …

PLI schemes to boost revenue of 720 companies by $459 billion over next 5 years: Goldman Sachs
1 week, 4 days ago

PLI schemes to boost revenue of 720 companies by $459 billion over next 5 years: Goldman Sachs

Live Mint  

According to a Goldman Sachs report, the central government's Production-Linked Incentive schemes have the potential to generate an additional $459 billion in revenue over the next 5-6 years, benefiting more than 720 companies. In the energy transition sector, the report highlighted that three projects focused on Advanced Chemistry Cell batteries are expected to generate USD 24.7 billion in revenue, supported …

India’s $500 billion electronics goal: A dream too far?
Trending News
1 week, 6 days ago

India’s $500 billion electronics goal: A dream too far?

Live Mint  

India's cooling consumer electronics market has put a question mark on its lofty aim to achieve annual revenue of $500 billion from electronics manufacturing. India's domestic electronics industry may clock a total revenue of just $145 billion this year, the consensus estimate of three market researchers showed. To reach the promised land of a $500-billion domestic electronics economy, India will …

Modi govt’s PLI schemes helping India make high-value drug as investors see profit
3 weeks, 5 days ago

Modi govt’s PLI schemes helping India make high-value drug as investors see profit

Firstpost  

Aurobindo Pharma, Cipla, Dr. Reddy’s Laboratories, Glenmark, and Sun Pharma are among the top beneficiaries of the schemes, receiving incentives ranging from Rs 150 crore to Rs 330 crore India’s pharmaceutical industry is experiencing a significant boost under the Modi government’s Production Linked Incentive scheme. Leading firms benefit The PLI scheme is part of India’s broader “Atmanirbhar Bharat” initiative, aiming …

India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year
4 weeks, 1 day ago

India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year

Firstpost  

India’s smartphone PLI scheme has been a game-changer, transforming the sector from the country’s 23rd-ranked export in 2019 to the third-largest individual commodity export today Apple emerged as the frontrunner in November, with exports worth Rs 14,000 crore, the highest ever for the company in India. Image Credit: Reuters India’s smartphone exports have reached an unprecedented milestone, crossing the Rs …

India job outlook 2025: How IT, energy, infra, logistics will drive hiring
1 month ago

India job outlook 2025: How IT, energy, infra, logistics will drive hiring

India Today  

Employers in India are more optimistic about increased hiring next year compared to their global counterparts. According to the latest ManpowerGroup Employment Outlook report, which surveyed 3,000 employers, 53 per cent plan to hire while 13 per cent anticipate a reduction in staffing levels during Q1 2025. Sonal Arora, country manager of GI Group Holding, stated: “Overall, 2024 was a …

PLI expansion on hold as government prioritises existing schemes amid disbursement challenges
1 month, 3 weeks ago

PLI expansion on hold as government prioritises existing schemes amid disbursement challenges

Live Mint  

New Delhi: India's production sops programme which powered a ₹13 trillion manufacturing boom may not add any more sectors soon in the wake of slowing disbursements, two people aware of the matter said. Textiles companies making apparel out of manmade fiber must invest a minimum of ₹300 crore and achieve sales of at least ₹600 crore in FY25. While the …

Government to offer USD 500 crore incentive to further localise smartphone production
1 month, 3 weeks ago

Government to offer USD 500 crore incentive to further localise smartphone production

India TV News  

India is planning to offer significant financial incentives, up to USD 500 crore, to encourage companies to produce parts locally for a variety of electronic devices, including mobile phones and laptops. Over the past six years, India’s production of electronics has more than doubled, reaching approximately USD 11,500 crore in 2024. India has set an ambitious goal to increase its …

India unveils $5 billion plan to strengthen domestic electronics component production
1 month, 3 weeks ago

India unveils $5 billion plan to strengthen domestic electronics component production

Live Mint  

India is set to roll out incentives worth up to $5 billion to local electronics firms to manufacture components for devices ranging from smartphones to laptops, according to government officials. However, the industry remains heavily dependent on imported components, particularly from China and Hong Kong, which account for over half of India's $89.8 billion electronics imports in the fiscal year …

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26
2 months ago

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26

Live Mint  

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. The PLI scheme, which covers both automakers and component makers, was designed to stimulate production in advanced automotive and EV sectors by providing financial incentives …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
2 months ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
2 months, 2 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

Local telecom manufacturing set to boost entry-level jobs: Minister
4 months, 3 weeks ago

Local telecom manufacturing set to boost entry-level jobs: Minister

India TV News  

The push for local telecom manufacturing, bolstered by the production-linked incentive scheme, is expected to generate more entry-level job opportunities and contribute to the development of skilled manpower, according to the Centre. In a recent meeting with original equipment manufacturers in the telecom sector, Union Minister of Communications Jyotiraditya Scindia emphasized that this initiative aligns with Prime Minister Narendra Modi’s …

'Made in India' telecom equipment now being exported to over 100 countries: Centre
5 months, 2 weeks ago

'Made in India' telecom equipment now being exported to over 100 countries: Centre

India TV News  

The Indian government has stated that telecom equipment designed and manufactured in India are now being exported to over 100 countries. Madhu Arora, Member of the Digital Communications Commission, Department of Telecom, mentioned that many Indian telecom companies have achieved success in Western nations, including the US, despite tough global competition. Madhu Arora emphasised that Information and communications technology plays …

HMD to double mobile phone exports from India, make it global hub, COO says
5 months, 2 weeks ago

HMD to double mobile phone exports from India, make it global hub, COO says

Live Mint  

New Delhi: Human Mobile Devices, or HMD, makers of Nokia-branded mobile phones, aims to double exports of these devices from India over the next year to 4 million units and boost local production by more than a third, its chief operating officer Alain Lejeune said on Thursday. Exploring Nokia HMD is currently exporting Nokia brand of featurephones and smartphones to …

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months, 3 weeks ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know
5 months, 4 weeks ago

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

India TV News  

Budget 2024: There are high expectations regarding a potential reduction in the price of mobile phones in the upcoming budget. Last year, the central government reduced import taxes on key components, such as camera lenses, to promote mobile phone manufacturing in India. Govt likely to re-implement PLI scheme According to the report, the new NDA government is expected to re-implement …

Telecom equipment manufacturing sales cross Rs 50,000 crore: PLI booster
6 months ago

Telecom equipment manufacturing sales cross Rs 50,000 crore: PLI booster

India TV News  

The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive scheme, by creating more than 17,800 direct jobs and many more indirect jobs. The statement was stated by the government on Wednesday, where it stated that within three years of the telecom PLI scheme, it has attracted an investment of Rs 3,400 crore. Furthermore, telecom equipment …

Apple set to scale up production India, employ 5 lakh people in next 3 years
8 months, 3 weeks ago

Apple set to scale up production India, employ 5 lakh people in next 3 years

Live Mint  

iPhone maker Apple is set to scale up its production in India through vendors and is expected to employ around 5 lakh employees from the country in the next three years, the sources from the government revealed on Sunday. The fresh plans around hiring will be a significant boost from the current level of 1.5 lakh Apple employees in India, …

Apple shows the way for electronics exports
8 months, 4 weeks ago

Apple shows the way for electronics exports

Hindustan Times  

At $10 billion in FY24, exports of India-assembled iPhones have doubled from the previous fiscal. While the iPhone instance is evidence of policies such as the PLI for smartphones working, India must do more to convince the world that it has the makings of a preferred China+1 destination for electronics exports. At present, the world may seem more inclined towards …

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report
9 months, 1 week ago

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report

ABP News  

Since the introduction of the government's production-linked incentive scheme for smartphones in August 2021, the Apple ecosystem has directly provided employment to more than 150,000 individuals, said a new report by The Economic Times on Monday. Moreover, the rapidly expanding Apple supplier ecosystem has led to the creation of over 70,000 new direct jobs. This comes days after Union Minister …

Apple produces over Rs. 1 lakh crore worth of iPhones under PLI scheme: Rajeev Chandrasekhar
9 months, 3 weeks ago

Apple produces over Rs. 1 lakh crore worth of iPhones under PLI scheme: Rajeev Chandrasekhar

India TV News  

Union Minister of State for Electronics and IT Rajeev Chandrasekhar on Friday announced that the production-linked incentive scheme is scaling new heights every day on production, exports, and jobs. He also said that Apple has produced over Rs 1 lakh crore worth of iPhones in 11 months of FY 24 under the PLI scheme. “PM @narendramodi ji's visionary PLI Scheme …

Unparalleled success story unfolds in mobile phone manufacturing in India
10 months ago

Unparalleled success story unfolds in mobile phone manufacturing in India

India TV News  

The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector. According to the industry body, India Cellular & Electronics Association, mobile phone production, in value terms has surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4.10 lakh crore in FY24, registering over 20 fold …

India Nears Rs 20 Lakh Crore Mobile Production Target: All You Need To Know
10 months, 1 week ago

India Nears Rs 20 Lakh Crore Mobile Production Target: All You Need To Know

News 18  

India is close to achieving the target of Rs 20 lakh crore worth mobile phone production in the last 10 years, while crossing Rs 1.20 lakh crore worth phone exports in the current fiscal year — a whopping 7,500 per cent increase in exports over a decade — top electronics industry body India Cellular and Electronics Association said on Thursday. …

Every big chip player to re-work investment plan for India: Minister Vaishnaw
10 months, 1 week ago

Every big chip player to re-work investment plan for India: Minister Vaishnaw

The Hindu  

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. This means, practically every big player would now like …

‘Domestic value addition in electronics manufacturing can reach 30% soon’
10 months, 2 weeks ago

‘Domestic value addition in electronics manufacturing can reach 30% soon’

Live Mint  

New Delhi: Domestic electronics manufacturing is likely to see a ramp up of local value addition, in terms of components being made locally—instead of only the final product being assembled here. “It’s important to understand that even China’s domestic value addition in manufacturing is around 45%, because even China imports nearly all of its semiconductors for mobile manufacturing. On Monday, …

Who is winning the smartphone exports race - Vietnam or India: Data
10 months, 2 weeks ago

Who is winning the smartphone exports race - Vietnam or India: Data

The Hindu  

In recent times, India has laid much emphasis on smartphone exports. It has also marginally improved its share to 1% in Hong Kong’s smartphone imports — the world’s second biggest importer — where India’s share is insignificant. However, in UAE and Germany — the world’s third and fifth biggest smartphone importers —Vietnam’s share in imports is decreasing and in both …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
10 months, 3 weeks ago

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar

India TV News  

India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar. Reflecting on India's semiconductor journey, Chandrasekhar highlighted the strides made since 2014, particularly after the launch of the semiconductor programme in January 2020. Chandrasekhar highlighted India's …

Lenovo mulls making servers in India
11 months, 1 week ago

Lenovo mulls making servers in India

Live Mint  

New Delhi: Lenovo plans to ramp up local manufacturing in India, which it considers its top-priority market globally. The Chinese company, which makes laptops, tablets, servers and smartphones—under the Motorola brand—is evaluating manufacturing of servers in India as it looks to take advantage of the production-linked incentive scheme for IT hardware amid regulatory clampdown in the US. The Chinese technology …

Duty cut on import of mobile parts to positively impact end-pricing of smartphones
11 months, 2 weeks ago

Duty cut on import of mobile parts to positively impact end-pricing of smartphones

The Hindu  

The five percent duty cut on import of mobile components holds the promise of potentially impacting end-pricing for consumers positively, said homegrown mobile manufacturer Lava International. “The government’s decision to cut import duties on mobile phone manufacturing parts from 15% to 10% is a welcome move for the entire smartphone industry, including Lava International. This reduction is a positive step …

Import duty on mobile phone components cut to 10% from 15%
11 months, 2 weeks ago

Import duty on mobile phone components cut to 10% from 15%

Live Mint  

The Centre has reduced import duty on parts used for mobile phone manufacturing to 10% from 15%, in a move to push mobile phone manufacturing in India amid the country's larger focus on exports and becoming a player in global supply chains. Building scale, riding on low input tariffs is key to transforming India into a global hub for electronics …

How reduced taxes on mobile parts could impact smartphone-making industry in India? Explained
11 months, 2 weeks ago

How reduced taxes on mobile parts could impact smartphone-making industry in India? Explained

India TV News  

The centre has taken a big step to support mobile phone production in India. Metal-made mechanical items for cellular mobile phones, such as battery covers, front covers, GSM antennas, sealing gaskets, and more, Expanded List of Components The list includes conductive cloth, LCD conductive foam, BT foam, heat dissipation stickers, protective films, and various items used to make cell phones. …

Interim Budget 2024: Here's how government can boost domestic manufacturing
11 months, 2 weeks ago

Interim Budget 2024: Here's how government can boost domestic manufacturing

India Today  

The countdown to the Interim Budget 2024-25 has begun, and leaders from various sectors are voicing their hopes and expectations, particularly centered around strengthening domestic manufacturing. Ashok Rajpal, Managing Director of Ambrane India, highlighted the positive impact of Production-Linked Incentive schemes and manufacturing incentives on the consumer electronics industry. “The PLI schemes and various manufacturing incentives have already proven instrumental …

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing
11 months, 3 weeks ago

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing

India TV News  

To incentivise the manufacturing sector and generate employment, the government may extend the scope of the Production-Linked Incentive scheme in the upcoming budget. Zameer Malik, CEO of Kulsum's Kaya Kalp, said that the government is expected to continue prioritizing capital expenditure, particularly in the infrastructure sector, to drive economic growth. Gurmit Singh Arora, president of the Indian Plumbing Association, said …

PLI schemes attracted Rs 1.03 lakh crore investment said center
11 months, 4 weeks ago

PLI schemes attracted Rs 1.03 lakh crore investment said center

Deccan Chronicle  

New Delhi: The government on Wednesday said that production-linked incentive or PLI schemes witnessed over Rs 1.03 lakh crore of investment till November 2023, which led to production and sales of Rs 8.61 lakh crore as well. As per the statement issued by the commerce ministry, in such schemes, it also saw an employment generation, both direct and indirect, of …

Slash duties on smartphone parts, electronics lobby tells government
1 year ago

Slash duties on smartphone parts, electronics lobby tells government

The Hindu  

The Indian Cellular Electronics Association, which represents domestic electronics manufacturers, called on the Union government to slash import duties for smartphone parts in the upcoming Union Budget, arguing that doing so would boost export volumes by allowing assembly firms to purchase a higher quantity of components. “India’s domestic production exceeds domestic demand, while simultaneously domestic smartphone demand except in the …

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023
1 year ago

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023

India TV News  

Apple has reportedly assembled the new iPhones which are worth more than Rs 1 lakh crore in India in 2023, as India doubles the down on local manufacturing. Riding on the local manufacturing growth, mobile phone exports from the country have surpassed USD 9 billion from April to November in the current fiscal year, as per the India Cellular and …

Apple warns India against EU-like USB-C rules for iPhones, says move will hit local production targets
1 year, 1 month ago

Apple warns India against EU-like USB-C rules for iPhones, says move will hit local production targets

Firstpost  

The Indian government has been considering making USB-C ports the standard charging port for phones and personal devices, just like the EU. However, Apple is lobbying the government to not implement such a policy, saying that it will interfere with their local production targets Apple has informed the Indian government about potential disruptions to its local production targets if New …

Will never give company-specific incentives in EV sector, govt. official on Tesla's demand
1 year, 1 month ago

Will never give company-specific incentives in EV sector, govt. official on Tesla's demand

The Hindu  

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. The official added that inter-Ministerial discussions have happened on the customs duty concession demand of the U.S.-based electric car maker Tesla, …

PLI scheme led to 500,000 jobs in mobile phone manufacturing industry: Vaishnaw
1 year, 1 month ago

PLI scheme led to 500,000 jobs in mobile phone manufacturing industry: Vaishnaw

Hindustan Times  

The production-linked incentive scheme has led to the creation of 500,000 jobs in the mobile phone manufacturing industry, Union communications, electronics, and information technology minister Ashwini Vaishnaw has said. “Of all the mobile phones used in India, 99.2% are made in India,” he said as he visited Dixon Technologies’ manufacturing facility in Noida on Thursday. Dixon’s executive chairman Sunil Vachani …

Thomson Affordable Laptop Manufacturing India Sahasra Group PLI 2.0
1 year, 1 month ago

Thomson Affordable Laptop Manufacturing India Sahasra Group PLI 2.0

ABP News  

India's production-linked incentive scheme for IT hardware manufacturing has just received a new boost as Sahasra Group, a newly approved government beneficiary based in Noida in Uttar Pradesh has secured its first order to produce laptops for the French electronics brand Thomson locally, the media has reported. To recall, homegrown contract manufacturer Dixon Technologies was exploring producing laptops within the …

Boost for Make in India: GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme
1 year, 1 month ago

Boost for Make in India: GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme

Firstpost  

The new subsidies will directly create at least 50,000 jobs and indirectly, about 150,000 more jobs. The approved companies include Dell, HP, and Asus In a strategic move to enhance domestic manufacturing and position itself as a key player in the global electronics supply chain, India has sanctioned subsidies for some of the world’s leading tech hardware companies. Four companies …

Chip off the block: The Hindu Editorial on semiconductor fabrication in India
1 year, 2 months ago

Chip off the block: The Hindu Editorial on semiconductor fabrication in India

The Hindu  

As funds for production-linked incentives for manufacturing semiconductors lie under-utilised by upwards of 80%, the Union government must be far clearer on what it has achieved — and aims to accomplish — by continuing to spend crores of rupees on bringing more semiconductor fabrication capabilities to India. But the central wager with these schemes, at much cost to the exchequer, …

‘80% funds allocated for semiconductor manufacturing scheme remain unused’
1 year, 2 months ago

‘80% funds allocated for semiconductor manufacturing scheme remain unused’

The Hindu  

About $8 billion of the $10 billion allocated by the Union government for the production of semiconductors under the production-linked incentive scheme remains untapped, a top Industry Ministry official said on Tuesday. Urging Korean investors, who have invested $5.6 billion in India since April 2000, to use the semiconductor PLI along with upcoming opportunities for investments in battery storage solutions, …

Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 2 months ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost  

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

Google commits to manufacturing Pixel smartphones in India, supporting 'Make in India' initiative
1 year, 2 months ago

Google commits to manufacturing Pixel smartphones in India, supporting 'Make in India' initiative

India TV News  

Google has announced its intention to start manufacturing and assembling Pixel smartphones in India, aligning with the country's "Make in India" initiative. Since 2016, Google has shipped nearly 40 million Pixel smartphones, with 10 million units sent out in the past 12 months alone. Google's commitment to manufacturing Pixel smartphones in India signifies its support for local production and its …

India emerges as second-largest global hub for mobile phone manufacturing
1 year, 3 months ago

India emerges as second-largest global hub for mobile phone manufacturing

India TV News  

India has risen to become the world's second-largest manufacturing hub for mobile phones, largely attributed to significant investments from original equipment manufacturers, original design manufacturers, and companies specializing in mobile components and parts, according to a recent report. This development is a significant boost to India's "Make in India" initiative, with recent data from government and industry sources revealing mobile …

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