Page 2 - Mobile Phone Manufacturing In India

Powered by iPhone exports, electronics become India's fifth largest export

Apple's iPhone exports alone now constitute 35% India's entire electronics export goods basket

India's smartphone exports to US jump to $ 3.53 bn in Apr-Dec FY24

India's smartphone exports to the US jumped to USD 3.53 billion in April-December this fiscal against USD 998 million in the same period last year, according to the Commerce Ministry data. The increasing outbound shipments led to an increase in the smarphones' market share to 7.76 per cent during April-December this fiscal from 2 per cent in the same period of last year, the data showed. Increasing exports have made India the third-biggest smartphone exporter to the US. An official said that an increase in overall smartphone production has helped in pushing exports. During the nine-month period of this fiscal, the share of China and Vietnam declined. The US smartphone imports from the top five suppliers also declined during April-December to USD 45.1 billion from USD 49.1 billion in FY'23. China exported USD 35.1 billion worth of smartphones to the US market in April-December, down from USD 38.26 billion last year. Vietnam's shipments of phones declined to USD 5.47 billion in ..

Mobile phone manufacturing jumps 21 times to Rs 4.1 trn in 10 yrs: ICEA

Mobile phone manufacturing in value terms jumped 21-fold to Rs 4.1 lakh crore in India in the last 10 years as government policy measures like PLI played a critical role in attracting global players to boost local production, industry body ICEA said in a statement. India now produces 97 per cent of its total mobile phone demand locally and 30 per cent of the total production in financial year 2024 is meant for export, the India Cellular and Electronics Association said. "Mobile phone production surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4,10,000 crore in FY'24, registering an increase of 2000 per cent. In 2014-15, mobile phone exports from India were a mere Rs 1,556 crore. The industry expects to end FY24 with an estimated export of Rs 1,20,000 crore. This would mean a 7500 per cent increase in exports over a decade," ICEA said. According to a note on manufacturing, in the field of smartphones, Apple and Samsung, have played a crucial role in boosting mobile phone ...

Delhi HC warns Oppo: Pay pending royalties or face potential sales ban

The court ordered that the trial should be completed by the end of this year or else Oppo will be liable to pay an additional sum

Govt cuts import duty on smartphone components, spare parts to 10% from 15%

Analysts expect the move to drop smartphone prices by 3%, especially in the entry-level segment

India's electronics exports surpass $20 billion, iPhone dominates surge

India's electronics exports record 22.24% growth in the first nine months of FY24, with iPhones leading the surge

Ashwini Vaishnaw sees case for duty cuts on mobile phone parts: Report

'We have to move from import substitution to export-led growth, that is the transition we need to make. That requires a totally different mindset and a totally different structure,' Vaishnaw said

Shrinking market share, govt pressure trouble Chinese smartphone makers

Chinese smartphone brands are fast losing market share in Europe, North America, and Japan. On the other hand, Apple and Samsung have grown as people increasingly prefer premium devices

Mobile manufacturing to hit $50 billion in FY24: Ashwini Vaishnaw

Overall, electronic exports from the country stood at $15.77 billion in FY24. In the previous year, this was $28 billion

Mobile phone players oppose TEC proposal on direct TV broadcast on handsets

Mobile phone industry body ICEA has opposed incorporation of a new standard for providing direct television service on handsets in absence of its acceptance in global standards. State-run Telecommunications Engineering Centre (TEC) had floated a consultation paper for television broadcasting directly on mobile handheld devices or Direct to Mobile Broadcasting technology. In the process, TEC has sought industry views on incorporating a video standard, ATSC 3.0 in the national standard. According to India Cellular and Electronics Association, whose members include Apple, Nokia, Lava, Foxconn, Dixon etc, India is aggressively pushing for mobile manufacturing in the country and all the major brands are producing and exporting phones from India. "The design and manufacture of mobile phones to incorporate ATSC 3.0 will adversely impact mobile manufacturing efforts. The inclusion of any technology which is not proven and globally acceptable goes against the market forces and will derail t

Mobile phone PLI is an India success story

Most reports fail to grasp the progressive benefits of the scheme

Good news: As input costs drop, TVs and mobile phones may get cheaper

The decline in input costs is also expected to help manufacturers increase their profit margins

PLI scheme for mobile production led to 20% value addition, says govt

Of the $101 billion electronics production in FY23, smartphones constituted $44 billion

Vivo to invest Rs 1,100 cr to ramp up mfg capacity in Greater Noida

Smartphone maker vivo on Thursday said it will invest Rs 1,100 crore more by the end of 2023 to scale up its manufacturing capacity in the country, and that production in its upcoming unit at Greater Noida is expected to commence by early 2024. vivo India also said it is "on track" to export more than one million 'Made in India' smartphones in 2023, having sent its first 'made in India' smartphone shipment to Thailand and Saudi Arabia during 2022. As part of its Rs 7,500-crore proposed investment plan it had outlined, vivo is on its way to complete the first phase investment of Rs 3,500 crore by the end of 2023. "vivo India has already invested Rs 2,400 crore, and a further Rs 1,100 crore is expected to be invested by the end of 2023 to increase its manufacturing capacity and support the government's vision of making India a global export hub," the company said in a release. The company released the second edition of its India impact report, as it pledged its "unwavering commitment

Father of cellphone sees dark side but also hope in new technology

Holding the bulky brick cellphone he's credited with inventing 50 years ago, Martin Cooper thinks about the future. Little did he know when he made the first call on a New York City street from a thick gray prototype that our world and our information would come to be encapsulated on a sleek glass sheath where we search, connect, like and buy. He's optimistic that future advances in mobile technology can transform human lives but is also worried about risks smartphones pose to privacy and young people. My most negative opinion is we don't have any privacy anymore because everything about us is now recorded someplace and accessible to somebody who has enough intense desire to get it, the 94-year-old told The Associated Press at MWC, or Mobile World Congress, the world's biggest wireless trade show where he was getting a lifetime award this week in Barcelona. Besides worrying about the erosion of privacy, Cooper also acknowledged the negative side effects that come with smartphones

Manu Kumar Jain exits Xiaomi group after 9 years long association: Details

Manu Kumar Jain announced his exit from Xiaomi group with a social media post, adding that he will take some time off before rejoining the Indian startup ecosystem with "another fulfilling challenge"

Govt clears Rs 357 cr for Foxconn under PLI scheme for phone manufacturing

The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing

Select OnePlus phones from 2023 and onwards to get 4 major Android updates

OnePlus has announced that it will offer four generations of OxygenOS and five years of security updates on selected smartphones from 2023

India as the world's factory: China may be in denial

It is interesting that the myths around the influence of Confucianism on Southeast Asia come not from Chinese scholars but from futurologist Hermann Kahn

India eyes $550 million incentives to woo companies like Apple, Dell

The technology ministry has floated the revamped program to electronics industry executives for consultation, including payments that could exceed a half a billion dollars per company