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

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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 …

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Budget 2024: Will mobile phones become cheaper in India? | Here's what we know
5 months, 1 week 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 …

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ICEA Seeks Tariff Cuts on Smartphone Components in Budget
5 months, 3 weeks ago

ICEA Seeks Tariff Cuts on Smartphone Components in Budget

Deccan Chronicle  

New Delhi: India Cellular & Electronics Association has made a case for reduction in input tariffs on smartphone components in the forthcoming Budget to be unveiled later this month.The India Cellular & Electronics Association said higher input tariffs perpetrate import dependency and "restrict" the potential impact of PLI. "Higher tariffs make India incompetent beyond import substitution, and creates a viscious …

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Apple warns India's EU-style charger rules will hit local production target
1 year ago

Apple warns India's EU-style charger rules will hit local production target

Live Mint  

NEW DELHI : Apple has told India that its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the US tech giant lobbies for an exemption or delay. In a closed-door meeting on November 28 chaired by India's IT ministry, Apple asked …

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Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 1 month 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 …

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Explained | The debate over India’s smartphone manufacturing dreams
1 year, 4 months ago

Explained | The debate over India’s smartphone manufacturing dreams

The Hindu  

The story so far: Over the last few months, former RBI governor Raghuram Rajan and the Minister of State for Electronics Rajeev Chandrasekhar have sparred over how well a Central government scheme to boost electronics manufacturing has been faring. It started when Mr. Rajan, along with two other economists, released a brief discussion paper arguing that the programme isn’t really …

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Govt Open To Giving More Time To Global Firms For Local Manufacturing Of Laptops, PCs: Report
1 year, 4 months ago

Govt Open To Giving More Time To Global Firms For Local Manufacturing Of Laptops, PCs: Report

ABP News  

In a bid to encourage Apple, HP, Dell and other global companies, the government is ready to extend the timeline needed to set up local manufacturing facilities in the country, the media has reported. This comes days after the government imposed restrictions on the import of laptops, tablets, servers and other Personal Computers, in an attempt to give a push …

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Samsung's India unit claims government owes it $110 million. Govt says...
1 year, 11 months ago

Samsung's India unit claims government owes it $110 million. Govt says...

Hindustan Times  

Samsung Electronics Co. is struggling to collect manufacturing incentives it considers it’s owed by India, highlighting the sometimes complicated nature of such government programs. Samsung's India unit claims government owes it $110 million. Read here: Amazon Republic Day Sale: Here are top 6 picks in mobile phones, up to 37% off The smartphone giant’s India unit is seeking just under …

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Chinese Smartphone Makers Talking To Domestic Contract Manufacturers With PLI Nod
1 year, 11 months ago

Chinese Smartphone Makers Talking To Domestic Contract Manufacturers With PLI Nod

ABP News  

Chinese handset makers such as Oppo, Xiaomi and Transsion are in talks with domestic smartphone makers like Lava Internationa, Dixon Technologies and Bhagwati, among others, in a bid to leverage the Production Linked Incentive scheme approved status of the Indian manufacturers, the media has reported. Don't miss: 2022: The Year When iPhone Manufacturing In India Got A Major Push Homegrown …

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What is the significance of Apple's 'Make in India' push?
2 years, 3 months ago

What is the significance of Apple's 'Make in India' push?

Business Standard  

In May 2016, when Apple CEO Tim Cook met Prime Minister Narendra Modi in New Delhi, he spoke about the possibilities of manufacturing and retailing in India, in line with the country’s ‘Make in India’ push. The following year, the $2.5 trillion American tech giant started its manufacturing in India with the budget iPhone SE model via contract manufacturer Wistron …

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Micromax to bring in 5G phones at aggressive price points: Co-founder
3 years, 9 months ago

Micromax to bring in 5G phones at aggressive price points: Co-founder

Live Mint  

Micromax on Friday said it will significantly bolster its product portfolio this year, bringing in 5G devices as well at "aggressive price points", as the homegrown handset maker looks to re-capture its leadership position in the hyper-competitive Indian smartphone market. By March-end, we should have one more product in the market and from April onwards, the plan is to bring …

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Micromax to bring in 5G phones at aggressive price points: Co-founder
3 years, 9 months ago

Micromax to bring in 5G phones at aggressive price points: Co-founder

India TV News  

Micromax on Friday said it will significantly bolster its product portfolio this year, bringing in 5G devices as well at "aggressive price points", as the homegrown handset maker looks to re-capture its leadership position in the hyper-competitive Indian smartphone market. By March-end, we should have one more product in the market and from April onwards, the plan is to bring …

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Xiaomi's Make in India efforts: Mi TVs 100% locally-made, partners 2 new smartphone manufactures, more
3 years, 9 months ago

Xiaomi's Make in India efforts: Mi TVs 100% locally-made, partners 2 new smartphone manufactures, more

Firstpost  

Five years after Xiaomi joined the Make in India initiative, the company has announced further efforts to strengthen it commitment in India. Xiaomi has partnered with contract manufacturers BYD, DBG for smartphones and Radiant for manufacturing smart TVs in India. At a virtual briefing, Xiaomi India Managing Director Manu Kumar Jain said that the DBG unit in Haryana is already …

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Xiaomi ties up with BYD, DBG and Radiant to boost smartphone, smart TV manufacturing in India
3 years, 9 months ago

Xiaomi ties up with BYD, DBG and Radiant to boost smartphone, smart TV manufacturing in India

The Hindu  

Xiaomi on Thursday said it has partnered with contract manufacturers BYD, DBG and Radiant to strengthen its 'Make in India' efforts. The DBG unit in Haryana is already operational and will increase Xiaomi's monthly manufacturing capacity by about 20%, Xiaomi India Managing Director Manu Jain said during a virtual briefing. With all of this going live, Xiaomi has generated employment …

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Apple plans to manufacture iPad in India, seeks incentives
3 years, 10 months ago

Apple plans to manufacture iPad in India, seeks incentives

Live Mint  

New Delhi: Apple Inc is angling to participate in a new scheme to boost India's exports of computer products, part of what government and industry sources say are plans to bring iPad tablet manufacturing to the South Asian country. India launched a $6.7 billion plan to boost smartphone exports last year, as Prime Minister Narendra Modi stepped up efforts to …

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India Aims to Surpass China to Become World's Largest Smartphone Manufacturing Hub: Govt
4 years ago

India Aims to Surpass China to Become World's Largest Smartphone Manufacturing Hub: Govt

News 18  

India is now aiming to surpass China in the field of mobile manufacturing with the production-linked incentive scheme attracting global majors in this segment to the country, telecom and IT minister Ravi Shankar Prasad said on Monday. The National Policy on Electronics 2019 envisages electronic manufacturing turnover of more than Rs 26 lakh crore by 2025, out of which Rs …

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Make In India And Tech Exports Will Get A Boost With The Well Timed PLI Scheme, Believes Qualcomm
4 years ago

Make In India And Tech Exports Will Get A Boost With The Well Timed PLI Scheme, Believes Qualcomm

News 18  

Technology company Qualcomm believes that the Production-Linked Incentive scheme introduced by the government of India earlier this year, is well timed and should put telecom, components and tech manufacturing ecosystems in a great position for the future. The government has pushed the PLI scheme in multiple phases over the past few months, to include sectors including smartphone manufacturing, electronics and …

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Tata Group Plans To Invest Rs 11,000 Cr For New Mobile Phone Manufacturing Plant In Tamil Nadu
4 years ago

Tata Group Plans To Invest Rs 11,000 Cr For New Mobile Phone Manufacturing Plant In Tamil Nadu

ABP News  

The $113 billion Tata Group plans to invest over Rs 11,000 crore or $1.5 billion in setting up a mobile phone and component manufacturing plant in Tamil Nadu to take advantage of the government's production linked incentive scheme aimed at attracting investments for India, which would otherwise have gone to China.Tata's move will help India consolidate its position as original …

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Make In India: Rs 5000 Crore PLI Push For Technology Product Manufacturing In India Includes Laptops
4 years, 1 month ago

Make In India: Rs 5000 Crore PLI Push For Technology Product Manufacturing In India Includes Laptops

News 18  

The government of India has further widened the scope of the Production-Linked Incentive Scheme to boost manufacturing in India. The PLI scheme for the electronics and technology products has an approved outlay of Rs 5000 crore for a five-year period. The PLI scheme will boost the production of electronic products in India,” says the official press statement confirming the cabinet …

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Micromax prepares for a second coming
4 years, 2 months ago

Micromax prepares for a second coming

Live Mint  

Once India’s largest smartphone maker by market share, Micromax Informatics is taking a shot at the top slot again, riding recent government initiatives to boost manufacturing and counter cheaper imports from China. However, according to Sharma, India’s new production-linked incentive scheme will tip the scale back in favour of domestic manufacturers, especially Micromax which still has a strong brand recall. …

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Micromax Bullish About Return To Smartphone Market; Pushes Make In India And Atmanirbhar Bharat
4 years, 2 months ago

Micromax Bullish About Return To Smartphone Market; Pushes Make In India And Atmanirbhar Bharat

News 18  

As India moves towards a more self-reliant economy as part of the Atmanirbhar Bharat initiative, global smartphone brands are pushing more towards local manufacturing, in order to keep up with the market demand and avail benefits that the Indian government has announced with schemes like PLI. Yes, the former No.1 smartphone brand is using the Atmanirbhar Bharat push to make …

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Samsung plans to produce mobile phones worth ₹3.7 tn in India over 5 years
4 years, 4 months ago

Samsung plans to produce mobile phones worth ₹3.7 tn in India over 5 years

Live Mint  

New Delhi: Smartphone maker Samsung is planning to produce mobile phones worth ₹3.7 lakh crore in India over the next five years, according to government sources. People aware of the discussion said the company will be manufacturing smartphones worth ₹2.2 lakh crore, priced above ₹15,000 per unit, under the production-linked incentive scheme. The government expects mobile phones worth ₹11 lakh …

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Govt Welcomes Apple, Samsung's Local Manufacturing Move, Chinese OEMs Skip PLI Offer
4 years, 4 months ago

Govt Welcomes Apple, Samsung's Local Manufacturing Move, Chinese OEMs Skip PLI Offer

News 18  

Manufacturing partners of Apple and Samsung in India have announced their participation in India’s Production Linked Incentive offer to do away with India’s dependence on China. Speaking to the media on Saturday, August 1, union telecom minister Ravi Shankar Prasad said that the government has welcomed Apple and Samsung to make the most of India’s local manufacturing benefits, which has …

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