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India aims for 40% local value addition in phone manufacturing to boost global competitiveness
S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more
Apple resists India's push for universal charging, citing production targets
The US tech giant is actively seeking an exemption or postponement while engaging in discussions with Indian authorities.Read more
India introduces new import authorisation system for Laptops and Tablets
The new "import management system" will be implemented from November 1. Companies are required to register the quantity and value of imports, but the government will not deny any import requests.Read more
Indian Mobile Phone exports soar, nearing $5.5 billion in 2023
During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more
Indian govt targets 70% local it hardware production in 3 years
The government plans to curtail the import of parts and components from China, emphasising the importance of trusted sourcing and locations.Read more
Indian govt mulls wearable production incentives to boost local manufacturing
The Indian government is considering the implementation of a Production-Linked Incentive (PLI) program aimed at wearable technology, which includes hearing devices, in order to stimulate local production by both domestic and international companies.Read more
TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility
The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more
India's IT hardware PLI Scheme sees strong industry interest
The government anticipates a cumulative investment of Rs 5,010 crore from the pool of 40 applicants, which includes prominent global IT hardware firms like Dell and HP participating directly in the revised production-linked incentive scheme.Read more
Apple explores 3D printing for smartwatch chassis manufacturing
This innovative technique could eliminate the necessity of carving sizable metal slabs into the desired product shape.Read more
Apple Takes Strategic Steps to Enhance Local Component Manufacturing in India
Apple's strategic moves to bolster local manufacturing in India for market expansionRead more