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Only engineering goods and petroleum products rank higher. In the same quarter of 2023-24 (FY24), electronics held the fourth spot
India has added 443,000 seats in CY2024, according to OAG, an aviation research agency
The volume push was led by Bajaj, which saw its vehicle registrations go up by a staggering 79 per cent to hit 16,269 in July over the previous month
The company has partnered Chinese phone maker Xiaomi, and the first phones based on this chipset are expected to hit the market by October this year. It is also in talks with other device makers
As of 2023, India is the fourth-largest light vehicle producer with 5.4 million vehicles, upstaging Germany (4.3 million) and South Korea (4.2 million)
The good news is that the automotive sector, which provides incentives for electric vehicles and components, is finally taking off
Sharpest price is for iPhone SE assembled in India; other models become cheaper too
Re-certification needed for all models; EMPS may be extended for two more months
In its recent discussions with stakeholders, the ministry suggested reducing the number of components under PMP in FAME-III from 18 to 12
Export of iPhone in touching distance of target ahead of date
The decision to assemble in India paid off even though it was focused on exports in the beginning. In FY19, only 10% of Apple's phones sold in India were assembled in India, a figure that has now grow
Under the scheme, identified sub-assemblies include camera modules, display assemblies, mechanical parts, battery packs, battery chargers, and vibrators
It will entail an investment of Rs 10,000 crore and be supported by the Centre
The firm has 400 million phones/customers across the world who have Glance
Apple aims to increase this share to 23-25 per cent by the end of FY26, leveraging its three vendors - Tata Electronics, Pegatron, and Foxconn
In July, their combined share surges past Ola's
The government's support to the EV industry has been through direct subsidy on the price of the vehicle through FAME, PLI and now the EMPS scheme aggregating to over Rs 59,000 crore
Mobility sector's growth path set to accelerate to 25% by FY30: Deloitte
Can Bajaj's CNG bike disrupt the 12 million units a year motorcycle market?
R C Bhargava talks on the battle between electric and other alternative technologies to reduce carbon emissions