Page 2 - Mobile Manufacturing

India's smartphone market set to cross Rs 2-trillion mark in 2021

Market size shrunk in 2020, but higher volumes and ASP expected to set new benchmarks

Top gear makers may warm up to Centre's PLI scheme for telecom sector

Under the PLI scheme, companies will enjoy a 4-6 per cent incentive annually across five years on their production value in India, provided they make incremental investments

Optiemus Infracom plans to set up mobile manufacturing unit in Noida

The company has plans to raise Rs 285 crore from sale of one of its buildings in Noida to Kailash Darshan Housing Development

PLI scheme to help India pip China in mobile manufacturing: Minister

Telecommunications and IT Minister Ravi Shankar Prasad said the government was looking to make India a hub of other electronic products

Will govt incentives for mobile manufacturing speed up job creation?

The Indian govt hopes to generate 300,000 direct jobs and thrice as many indirect employment opportunities in the sector over the next five years

Samsung to infuse Rs 5,000 crore to expand Noida manufacturing plant

The export-oriented unit (EOU) is expected to be ready by January-February 2021 and attain commercial production by April 2021

Govt expands Rs 1.45 trn PLI scheme to 10 key sectors, industry hails move

The scheme is in addition to the already announced Rs 51,311 crore PLI for three sectors which takes the total around Rs 2 trn

ICEA forms committee under Wistron MD to address labour issues, reforms

The committee will be headed by Wistron India MD Sudipto Gupta.

Reform and incentives

Govt must seek to benefit manufacturing more broadly

Govt's mobile manufacturing booster plan: Will iPhone get cheaper in India?

Analysts say the production linked incentive (PLI) scheme will turn Apple's fortunes in India. Will iPhone be more affordable for Indians? Listen to the podcast to know more

Mobile firms stare at gloomy festive season amid Covid-led disruption

The current quarter (July-September) is traditionally the largest in terms of volume shipment as all leading players fill up their inventory in anticipation of bumper sales in festive weeks

iPhone makers among biggest winners in India's $6.6 bn manufacturing plan

At a cabinet meeting on Wednesday, the Indian government is expected to approve a plan aimed at bringing $150 billion in mobile-phone production over the next five years

No, thanks: Mobile device makers say to DoT on source code demand

They oppose the proposal on the grounds that source codes are 'commercially valuable, confidential, and sensitive information'

Semiconductor assembly majors plan to set up manufacturing units in India

If the current talks with the ATMP big boys fructify, it will be a major step for the country.

Vivo arm sends memo on 50% pay cut

It's an internal letter, no final decision yet, says the firm

Life after lockdown: Ramping up isn't easy with curbs, labour shortages

The first of a three-part series looks at how manufacturing units are gearing up to the new normal

Centre nod to incentive scheme of Rs 40,995 cr for electronics firms

Decision to help electronics manufacturers make India a global hub; Apple, Samsung may gain

As Android-iOS dominate world, Indian start-ups working to end the duopoly

Indus OS, a start-up from Bangalore, has an Indianised operating system for mobiles, used by phone makers like Karbonn and Micromax, among others

Mobile phone exporters to get 4% incentive under duty drawback scheme

The government has increased incentive on exports of mobile phones to 4 per cent under the duty drawback scheme, according to an official notification. The additional ad hoc incentive of 2 per cent under the Merchandise Exports from India Scheme (MIES) will be available for exports of mobiles from January 1 to March 31, 2020, period, the notification by the Directorate General of Foreign Trade said. The increased incentive of 4 per cent or Rs 350 per handset whichever is less from the earlier cap of Rs 197 would help boost exports, industry said. Commenting on the government move, India Cellular & Electronics Association (ICEA) Chairman Pankaj Mohindroo said, "ICEA has been relentlessly pursuing the Government of India to increase or introduce export benefits for the mobile phone industry. The increase in the Duty Drawback Cap has helped make exports more competitive. The All Industry Rate (AIR) of 4 per cent with a cap of Rs 350 is yet another step forward to build India as a ...

Why tax incentive may not be enough to turn India into a mobile export hub

In India, Samsung is likely to remain focused on the domestic market but it is also expanding exports.