India is putting close to $20 billion behind an effort to build more of its own semiconductors and smartphones, part of a widening campaign to turn the country into a serious rival to China as a global electronics workshop. Prime Minister Narendra Modi's cabinet signed off Wednesday on 1.9 trillion...
Apple Partners with India’s Airtel to Offer Streaming
Apple will partner with Bharti Airtel, India's second-largest telecom operator, to offer Apple TV+ and Apple Music for free to Airtel's premium customers. This strategic move gives Apple access to a vast pool of potential users in the world's most populous country, where it currently has a small presence in...
India Cuts Import Duty on Mobile Phones
India has announced a reduction in import duty on mobile phones and key components from 20% to 15%, a move that will benefit smartphone manufacturers. This decision, presented by Finance Minister Nirmala Sitharaman in the Fiscal 2025 annual budget, aims to serve consumer interests by lowering taxes on mobile phones,...
Electronics Manufacturing Booms in India
India's electronics manufacturing sector is experiencing a significant boom, with the value of electronics produced rising from $37 billion to $105 billion between 2016 and 2023. The government aims to increase this figure threefold by fiscal 2026. While India currently accounts for only 3% of global electronics production, its share...
India Exceeds $10 Billion in Mobile Phone Exports
Supported by attractive government incentives for local manufacturing, India is set to reach $10 billion worth smartphone exports in the fiscal year ending March 31. Smartphone exports from India have doubled as compared to the previous year. According to the India Cellular and Electronics Association (ICEA), Apple's 'Make in India'...
Can India Become an Alternate Supply Chain for Electronics Manufacture?
Global companies are increasingly becoming aware of the importance of minimizing risk, and are seeking ways to make their supply chains resilient and diversified. In this scenario, there is a new emerging market vying to meet American consumer demand: India. American importers have been cautious about forming long-term deals with...