India has offered to allow Apple Inc., to import mobile handset components intended for use in local manufacturing tax free; but these concessions will be subject to the condition of increasing local value addition over a period of time. Aruna Sundararajan, Secretary at the Ministry of Electronics and IT told...
Cisco Launches its First 'Made in India' Router
California-based Cisco handed over its first Made in India product, a network router, to Ravi Shankar Prasad, India's Minister for Electronics and IT. "We are proud to deliver on our promise to Make in India and accelerate India's journey to become a global leader in electronics manufacturing. India is an...
India's e-Commerce Sector May Grow to $16 Billion in Five Years
With the government supporting the drive to a digital economy, India's volume of trade in the e-commerce sector will reach $16 billion in the coming five years, Federal minister for law, electronics and IT Ravi Shankar Prasad, said. The government on its part, has already started the practice of making...
India To Have More Than 500 Million Internet Users in 2016
Ravi Shankar Prasad, India’s minister for communications and information technology, stated that the number of Internet users in India is likely to cross 500 million this year. “India is sitting on the cusp of a big digital revolution. There are one billion mobile subscribers in India, especially people at grass-root...
Vodafone CEO Sees a New India Emerging
Economic Times reports that the Vodafone Group CEO Vittorio Colao, who had in September last year stated that doing business in India was “complicated”, said he sees positive signs at high levels. Asked if it has become easier to do business in India since Prime Minister Narendra Modi-led government took...
India Launches its Own Products to Support the Digital India Drive
Communications and IT Minister Ravi Shankar Prasad launched four broadband products developed by the Center for Development of Telematics in the hope of adding 250,000 rural communities under broadband services and enhance India's Internet penetration from 300 million to 500 million within two-and-a-half years, reports BGR. The Center for Development...