Electronics exports rose to $26.66 billion in the first five months of FY27, with smartphones contributing nearly 60 per cent and PCB shipments surging sharply
Existing shareholders Pramod Bhasin and Anil Chawla, who hold a 15 per cent stake, have mounted an employee-backed buyout for Aion Capital's 85 per cent stake, challenging Protium Finance's bid
The move is aimed at curbing substandard imports and grey-market trade in a Rs 12,000-15,000 crore market where Chinese products currently dominate supplies
Shipments to the US accounted for 70 per cent of India's total smartphone export value during this period, reaching a record $9.4 billion - a 26 per cent Y-o-Y increase.
Preliminary market estimates show day-one demand for the iPhone 18 Pro series up 15-28% in India, with the new burgundy shade replacing last year's orange as the top choice
Apple absorbs part of the impact of taxes, import duties and retail margins on the iPhone 17 as it looks to expand its presence in the fast-growing Indian market
Retailers expect high-end smartphone sales to rise 5-10 per cent as consumers rush to buy iPhone 17, Pro and Pro Max models before stocks at older prices run out
IndiGo held 42.8 per cent of seat capacity during April-September, narrowly ahead of Air India Group's 41.9 per cent, while Akasa Air's share climbed to 10.7 per cent
Mivi, Ai+, Fire-Boltt and Lava are targeting the mass-market segment as rising memory costs squeeze margins and push Chinese smartphone makers towards premium devices
Average mobile phone prices in India have risen 21 per cent in 2026, against a 15 per cent global increase, as higher memory costs weigh more heavily on cheaper devices
Eight of the country's top 10 airports also saw domestic capacity decline, while Delhi and Maharashtra bucked the trend with growth in overall airline seat capacity
Chinese companies accounted for a dominant one-third of the total market before April, while Indian firms have received certification for 196 network camera models
IndiGo and Air India Express together account for 15 per cent of West Asia's LCC seat capacity, despite Indian carriers operating only international flights
Apple shipped 3.45 million iPhones to India in Q2 2026, accounting for 6.25 per cent of its global shipments and giving it a 10 per cent domestic market share