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The India Cellular & Electronics Association (ICEA) said smartphone exports in August 2025 increased by 39 per cent year-on-year, countering claims of a decline, and cautioned against drawing inferences from month-on-month comparisons without context.ICEA reported that exports increased from USD 1.09 billion in August 2024 to approximately USD 1.53 billion in August 2025, with shipments to the United States more than doubling. Exports to the US increased by 148 per cent to USD 965 million in August 2025, compared to USD 388 million in August 2024."Every export sector has its particular nuances based on multiple factors. Oversimplification of trade data, and worse, inferences based on monthly comparisons, are misleading and avoidable. It's important that subject matter experts are consulted before drawing sector-specific conclusions," said ICEA Chairman Pankaj Mohindroo.ICEA added that August and September are traditionally low-export months due to upcoming new launches, plant ...
French technology brand Alcatel has earmarked an initial investment of USD 30 million, about Rs 260 crore, as it gears up to re-enter India's mobile phone market after seven years with plans to sell locally-made smartphones, a senior official of the company said. Alcatel's business is operated by Chinese firm TCL Communication under a trademark licence agreement from Nokia. "As of now we are setting up the manufacturing plans, maintaining our supply chain etc. We have an initial investment plan of USD 30 million but rest of the plans will purely depend on the kind of responses we get, the kind of models that we decide to launch," Alcatel's Chief Business Officer Atul Vivek told PTI. He said that the company has plans to invest in other consumer technology categories later and export from India as well, but everything will depend on the response from the market. "We honestly believe that if you are able to crack India, which is one of the toughest consumer segments in the world, the