)
PE/VC funding down 71% in CY23; it has slowed further in this year
Nokia was the first mobile brand which was exported out of India from its own manufacturing plant in Tamil Nadu
The bottom six car makers managed to corner only 2.9 % market share
Ola gained market share because its decline was much lower than the industry average
Considers US-like 'rip & replace' scheme to help telcos shift to 'trusted sources' to ensure national security
The global market for electric passenger vehicles is concentrated in three areas: China, the US, and Europe, which accounted for 95 per cent of global electric sales last year
DoT plans fund to acquire critical licences from global firms for startups and SMEs, boost indigenous R&D
Though DoT officials were earlier eyeing a 5G launch by the end of the year, the plan has now been deferred to next year
The total demand for semiconductors in the country varies from $22 billion to $24 billion, most of which is currently imported. The requirement from mobile devices is nearly half of this demand
Elon Musk pointed out in Tuesday's earnings call that Tesla expects a 50 per cent increase in production over 2023
China is the largest cell and battery manufacturer in the world. Its companies have explored a possible entry to India but did not proceed due to stringent FDI norms for companies from China
Expects thousand-odd Indian engineers to return from Southeast Asia, US
The government has offered two models to those showing an interest in setting up the fab plant
The Tesla factory in China, on the other hand, sources 95% of its components locally after 5 years
Elon Musk is expected to meet PM Narendra Modi and announce that Tesla will set up a car and battery plant in India. He may push plans to launch Starlink's broadband services
Micron plans to supply chips from Sanand unit to Apple
Apple's iPhone exports alone now constitute 35% India's entire electronics export goods basket
The telecom dept hasn't issued a global mobile personal communication licence to Starlink, a prerequisite for it to start commercial services in India
Slowdown in the decline of 2G subscribers hurting smart phone sales
Exports expected to cross 80% of its production