From mobile phones to chips, India manufacturing enters golden era
1 year, 6 months ago

From mobile phones to chips, India manufacturing enters golden era

India TV News  

In 2018, South Korean giant Samsung inaugurated the world's largest mobile factory in India. The 35-acre facility at Sector 81 in Noida, Uttar Pradesh, saw Prime Minister Narendra Modi and South Korean President Moon Jae-in officially inaugurating it together -- placing the country firmly on the global manufacturing map. Vedanta and Foxconn signed a Memorandum of Understanding with the Gujarat government last year to invest Rs 1,54,000 crore to set up the semiconductor and display manufacturing plant which is India's first. "PLI 2.0 for IT hardware will be a catalyst for India's $300 billion electronics manufacturing mission, an important part of India's trillion dollar digital economy goal," according to Minister of State for Electronics and IT, Rajeev Chandrasekhar. The Modi government's next target is to increase electronics manufacturing capability to Rs 24 lakh crore by 2025-26, which will also help create over 10 lakh jobs.

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History of this topic

Taiwanese laptop maker MSI begins India manufacturing with Chennai facility
6 days, 21 hours ago

Taiwanese laptop maker MSI begins India manufacturing with Chennai facility

Deccan Chronicle  

New Delhi: Taiwanese laptop maker MSI on Tuesday announced the commencement of its manufacturing operations in India with its first facility in Chennai. In line with the objective of "Make in India", MSI will introduce locally-produced versions of two laptop models -- the MSI Modern 14 and MSI Thin 15, a company statement said. "As demand for high-performance laptops continues …

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

LG plans to set up manufacturing unit at Andhra, fears competition from parent entity
2 weeks ago

LG plans to set up manufacturing unit at Andhra, fears competition from parent entity

Live Mint  

New Delhi, Dec 9 LG Electronics India has plans to set up a new plant in Andhra Pradesh to boost its manufacturing capacity in the country, though it also fears competition from its South Korean parent entity. The company is supported by its parent entity, LG Electronics for various aspects of its business, including product innovations, product design, technologies for …

Upcoming IPO: LG Electronics India Submits Draft Papers For Maiden Issue
2 weeks, 2 days ago

Upcoming IPO: LG Electronics India Submits Draft Papers For Maiden Issue

ABP News  

LG Electronics India on Friday submitted the draft papers for the maiden offer. The domestic wing of the South Korean major LG Electronics Inc filed the draft red herring prospectus for the initial public offering and industry sources stated that the issue size is likely to be more than Rs 15,000 crore. The firm in its draft papers noted, “Our …

More M. Tech seats in medical engineering to be created; trade gap in medical devices to be wiped out in five years
4 weeks ago

More M. Tech seats in medical engineering to be created; trade gap in medical devices to be wiped out in five years

Live Mint  

New Delhi: The government will start M. Tech courses in medical engineering at leading institutions like IITs and NITs among measures aimed at creating a pool of skilled talent for testing and operating high-tech medical devices and reducing import dependence in this key sector. Other measures include scaling up the number of seats for this course in National Institutes for …

Government to offer USD 500 crore incentive to further localise smartphone production
1 month 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 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 …

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India
1 month, 1 week ago

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India

Firstpost  

The Indian smartphone market overall grew by 5.6 per cent year-over-year, marking its fifth consecutive quarter of positive growth. While Apple made headlines with its impressive numbers, Vivo maintained its position as the market leader, holding 15.8 per cent of the total market share The premium smartphone segment, comprising devices priced between $600 and $800, witnessed the most significant growth, …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 1 week 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 …

Samsung, OnePlus woes threaten premium smartphone growth in India
1 month, 1 week ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Apple's India Expansion: A Strategic Shift Away from China
1 month, 3 weeks ago

Apple's India Expansion: A Strategic Shift Away from China

Firstpost  

Apple's expansion of its manufacturing base in India has gained significant attention, with the tech giant exporting nearly $6 billion worth of iPhones between April and September 2024. This represents a one-third increase in value compared to the same period last year, setting Apple on track to exceed $10 billion in exports by the end of the fiscal year. The …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
1 month, 3 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 …

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse
3 months, 1 week ago

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse

News 18  

As the global demand for semiconductors continues to surge, India is making significant strides towards establishing itself as a major player in the semiconductor industry. This shift was prominently highlighted at Semicon India 2024, a three-day event held in Greater Noida, which underscores the country’s commitment to becoming a key global semiconductor hub. This commitment helps maintain a robust talent …

Samsung India workers' strike: Production affected ahead of festive season
3 months, 1 week ago

Samsung India workers' strike: Production affected ahead of festive season

Hindustan Times  

Operations at Samsung Electronics' plant in southern India were disrupted for a second day on Tuesday by hundreds of employees striking for higher wages, in a rare episode of labour unrest for the South Korean company. Workers of a Samsung facility drink tea as they gather to take part in a strike to demand higher wages at its Sriperumbudur plant …

LG Electronics weighs India IPO to chase $75 billion goal
3 months, 3 weeks ago

LG Electronics weighs India IPO to chase $75 billion goal

Hindustan Times  

LG Electronics Inc. is considering an initial public offering for its India business, tapping a booming stock market to help hit a target of $75 billion in electronics revenue by 2030. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Chief Executive Officer William Cho said an Indian market debut is one of several options it’s weighing to revitalize a decades-old consumer electronics business. In …

LG Electronics weighs India IPO to help chase $75 billion goal
3 months, 3 weeks ago

LG Electronics weighs India IPO to help chase $75 billion goal

Live Mint  

LG Electronics Inc. is considering an initial public offering for its India business, tapping a booming stock market to help hit a target of $75 billion in electronics revenue by 2030. Chief Executive Officer William Cho said an Indian market debut is one of several options it’s weighing to revitalize a decades-old consumer electronics business. In the first six months …

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

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
4 months, 1 week ago

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel

Deccan Chronicle  

Nadiad : Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's …

'Made in India' telecom equipment now being exported to over 100 countries: Centre
4 months, 3 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
4 months, 4 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 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 …

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30
5 months ago

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30

Deccan Chronicle  

Chennai: India can increase its electronics production five-fold to touch $500 billion by FY30, with $200 -$225 billion worth exports of both finished goods and components by becoming an integral part of the global value chain through focused policy interventions, finds Niti Aayog. However, the electronics sector has a very high participation in the global value chain with 75 per …

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers
5 months ago

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers

India TV News  

The Indian smartphone market experienced only a 1 percent growth in the April-June quarter, with a total of 36.4 million units shipped, as stated in a report released on Thursday. Xiaomi regained the top position after six quarters, capturing an 18 percent market share with 6.7 million units shipped. Vivo closely followed, also shipping 6.7 million units, boosted by affordable …

Telecom equipment manufacturing sales cross Rs 50,000 crore: PLI booster
5 months, 2 weeks 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 …

MeitY Secretary: India poised to lead global semiconductor industry with talent and expertise
5 months, 2 weeks ago

MeitY Secretary: India poised to lead global semiconductor industry with talent and expertise

India TV News  

Ministry of Electronics and Information Technology Secretary S. Krishnan has emphasized that India possesses the talent and deep expertise, which is needed to become a global leader in the semiconductor industry, which is a crucial sector for the nation. At a conference which was organised by fabless semiconductor firm iVP Semiconductor, Krishnan said that the government is actively supporting the …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
6 months, 1 week ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

Apple exports iPhones worth over Rs 16,500 crore in April-May from India
6 months, 1 week ago

Apple exports iPhones worth over Rs 16,500 crore in April-May from India

India TV News  

Apple has reportedly achieved a significant milestone of exporting the ‘made in India’ iPhones which was worth more than Rs 16,500 crore in the first 2 months of the ongoing financial year. FY24 success and record production Apple has concluded FY24 with a substantial iPhone production value of around USD 14 billion in India. Strengthening domestic manufacturing Highlighting India’s growing …

Tata developing high-tech machines to manufacture iPhone casing?
7 months, 3 weeks ago

Tata developing high-tech machines to manufacture iPhone casing?

Hindustan Times  

Tata Electronics has tied up with two Indian manufacturers in Pune and Bengaluru to develop capabilities to work on developing very sophisticated and complex high-precision machines used to produce the casing of the iPhone, Economic Times reported. The action is anticipated to provide the government's $300 billion electronics export goal by 2025 with a significant boost. These machines are just …

Hiring now! Apple may create 500,000 jobs in India
8 months ago

Hiring now! Apple may create 500,000 jobs in India

Hindustan Times  

Apple has been trying to diversify its manufacturing base away from China after facing huge difficulties during the Covid-19 pandemic when the production of iPhone and other gadgets came under intense pressure. It has been reported that Apple, via its vendors, may create over 500,000 jobs in India over the next three years, news agency PTI reported quoting government sources. …

Apple set to scale up production India, employ 5 lakh people in next 3 years
8 months 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 to assemble iPhone camera module in India, cutting dependence on China
8 months, 1 week ago

Apple to assemble iPhone camera module in India, cutting dependence on China

India TV News  

Apple, a producer of iPhones, iPads, MacBooks and more has continued to minimise its dependence on China. As per the recent report, the iPhone maker is set to increase its investments in the Indian market and is reportedly in advanced talks with Murugappa Group and Tata Group's Titan Company which will be assembling sub-components for the iPhone camera modules- giving …

Apple shows the way for electronics exports
8 months, 1 week 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's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion
8 months, 1 week ago

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion

Hindustan Times  

Apple increased its iPhone production in India as the company assembled $14 billion worth of iPhones in fiscal 2024, Bloomberg reported. Foxconn and Pegatron, two major Taiwanese manufacturers, played a significant role in boosting Apple's production output in India. China is the largest iPhone-making hub in the world but Apple is ramping up iPhone production in India as it strategically …

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report
8 months, 3 weeks 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 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 …

Qualcomm open to buying made-in-India chips, says CEO
9 months, 1 week ago

Qualcomm open to buying made-in-India chips, says CEO

Live Mint  

Chennai: Wireless communications major Qualcomm Inc is open to buying semiconductor chips from India whenever they are available, the company’s president and CEO Cristiano Amon said. The Indian government has approved four projects to make semiconductor chips with an investment of ₹1.6 trillion, including two involving US-based Micron Technology and Tata Electronics. After the inauguration, union minister for and electronics …

India's 2014 mobile import dependency would have incurred a cost of Rs 14.3 lakh crore
9 months, 2 weeks ago

India's 2014 mobile import dependency would have incurred a cost of Rs 14.3 lakh crore

India TV News  

India the the fifth largest export nation for mobile phones as an individual commodity, which would have faced a hefty import bill of more than Rs 14.3 lakh crore, had it not achieved self-sufficiency in the last 10 years. Since 2014, the cumulative exports of mobile phones have reached a total estimate of Rs 3,22,048 crore, according to the India …

Unparalleled success story unfolds in mobile phone manufacturing in India
9 months, 2 weeks 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
9 months, 2 weeks 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
9 months, 2 weeks 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 …

‘Entry in chip will de-risk global supply chains’
9 months, 3 weeks ago

‘Entry in chip will de-risk global supply chains’

New Indian Express  

NEW DELHI: India’s entry into the semiconductor manufacturing will significantly de-risk global supply chains and will make the country a very important player in globally, said N Chandrasekaran, Chairman, Tata Sons. “Tata Group has a tradition of pioneering many sectors in the country, and we are confident that our entry in semiconductor fabrication will add to this legacy,” said Chandrasekharan. …

‘Domestic value addition in electronics manufacturing can reach 30% soon’
9 months, 3 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
9 months, 3 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 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
10 months, 2 weeks 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 …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
10 months, 3 weeks ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

Import duty on mobile phone components cut to 10% from 15%
10 months, 3 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
10 months, 3 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. …

Samsung to start making laptops in India this year
10 months, 3 weeks ago

Samsung to start making laptops in India this year

The Hindu  

January 29, 2024 05:51 pm | Updated 05:52 pm IST - Gurugram Korean electronics major Samsung plans to start manufacturing laptops at its Noida factory in India this year, a senior company official said on Monday. Terming India as its important manufacturing base, Samsung Electronics President and Head of Mobile eXperience Business TM Roh told reporters here that the preparation …

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023
11 months, 2 weeks 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 …

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