In the smartphone segment, Xiaomi maintained its lead with 32.1% in the first three months of 2018, followed by Samsung (26%), vivo (6%), OPPO (6%), and Honor (3%)
On last count, some 120 odd mobile devices and component manufacturers have committed over Rs 450-billion investment to manufacture in India
Domestic value addition in manufacturing of smartphones to go up from 10% to 26%
Huawei, Oppo and BBK Communication Equipment together accounts for 21% of the smartphones sold to end users worldwide in the Q3
Carbonated soft drinks, bottled water and mobile handsets could become costlier soon, in the aftermath of Finance Minister Arun Jaitley's second full-term budget on Monday.BeveragesA three percentage point increase in the excise duty on "waters, including mineral waters and aerated waters, containing added sugar or other sweetening" from 18 per cent to 21 per cent will lead to price hikes across the product line. The industry, struggling to cope up with slowdown in demand, will not be able to absorb the increase, sources say.Coca-Cola India is planning to increase the price of its 200 ml glass bottles by Re 1, taking the market price to Rs 13. For larger PET bottles, the hike will be between Rs 2 and Rs 9, depending on the pack size. The industry had to cut production last year during peak summer and further price hikes may affect sales in 2016."The growth of the industry suffered significantly in 2015 and this hike will have a serious impact. The industry provides direct and indirect