India's smartphone market shifts towards premium devices, pushing brands like Xiaomi and Transsion to rethink strategies amid rising prices and 5G adoption
The production-linked incentive scheme for large-scale electronics manufacturing, due to end on March 31, has propelled India as the second-largest smartphone maker in the world. What's its future?
Based on preliminary estimates with the government, the production value in FY26 is estimated to hit ₹227,000 cr, which is an increase of more than 24% over the previous financial year's ₹183,000 cr
Exports in the five-year period accounted for 70 per cent, or $50 billion, of the FOB production value as Apple Inc shipped "made in India" phones across the world
Micron has facilities in the United States (US), China, Singapore, Taiwan, Malaysia, and Japan, among others, with 13 major manufacturing sites. India will now join this group of countries
Government expects Apple to shift 30% of global iPhone production to India, unfazed by US Supreme Court ruling that removes China's tariff disadvantage
In 2025, according to aviation data platform OAG, Delhi airport ranked 5th, with 46.18 million seats, after a dramatic leap from the 9th position, which it held in 2019