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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
Facility to mirror scale of Horiba's Kumamoto plant in Japan
Pharmaceutical exports are targeted to double to $55 billion by FY30, from $27.84 billion in FY24, focusing on drug formulations and biologicals
IDEMIA's Indian factory accounts for 10 per cent of its SIM global capacity. It is manufacturing the chips embedded in the product at the factory and importing only the wafers from fab plants
A key distinction in the task force's proposal is its focus on benefiting Indian companies exclusively, a departure from the PLI scheme that involves significant participation from global players
Of the six scheme parameters, Apple vendors outperform on five
The question is whether the two wheeler market will cross the one million registration mark which eluded the industry in the last financial year
The move was spearheaded by communications minister Jyotiraditya Scindia, who took charge earlier this month
Meity has set up working group to frame finer contours of new policy