India smartphone exports are estimated to cross $1.5 billion, or approximately Rs. 11,104 crores, in 2020, a report by analysis and research firm techARC has shown. The report also shows that the ‘Make in India’ initiative has contributed significantly as people across 24 countries buy mobile phones made in India. Since January to September, a … Read more
New Delhi: Applications by iPhone contract makers Foxconn, Pegatron and Wistron as well as Samsung, Karbonn, Lava and Dixon to export mobile phones worth around $100 billion from India have been cleared by the empowered group, said people with knowledge of the matter. “The empowered committee has approved all applications estimated to export around $100 … Read more
NEW DELHI: Union Minister Ravi Shankar Prasad on Tuesday said proposals worth Rs 12 lakh crore have been received under the new scheme to boost electronics manufacturing, and some manufacturing lines have moved from China to India during the COVID-19 pandemic. The Minister for IT and Communications, while speaking at an industry event, also pointed … Read more
NEW DELHI: iPhone maker Apple’s contract manufacturers, as well as firms like Samsung, Lava and Dixon have proposed to produce mobile devices and components of over Rs 11 lakh crore in the next five years under the government’s new scheme to boost electronics manufacturing, according to sources. The proposals submitted by the companies to the … Read more