TECHNOLOGY
Apple plans new retail store in Hyderabad as India retail expansion gains pace, begins hiring
The move comes months after Apple inaugurated its Noida store in December — its third launch in 2025 — as the company strengthens its position among the top five smartphone brands in India by volume
BUSINESS
India’s rising role in manufacturing reflects local talent depth and long-term investment: Apple’s Sarah Chandler
Sarah Chandler, Apple’s Vice President of Environment and Supply Chain Innovation said the company is deepening its commitment to supplier employees through the launch of its first Education Hub in Bengaluru, developed in partnership with Manipal Academy of Higher Education, with plans to roll out over 100 courses by 2026 across more than 25 supplier sites.
BUSINESS
Apple deepens India manufacturing push, to offer 100+ supplier courses under $50-million global fund
The Bengaluru hub follows similar Apple education hubs in the United States, Vietnam and China — key supply chain centres — and will operate in collaboration with the Manipal Academy of Higher Education (MAHE). The new courses begin in March.
BUSINESS
HFCL Q3 profit jumps 36% to Rs 97.6 crore on margin expansion
EBITDA climbed 50% YoY to Rs 228.5 crore from Rs 152.5 crore in the year-ago period, while EBITDA margin expanded to 18.9% from 15%, reflecting tighter cost control and an improved product mix.
BUSINESS
Indus Towers to review dividend in Q4 amid improved AGR visibility
Indus management suggested that recent government actions related to adjusted gross revenue (AGR) dues for Vodafone Idea have improved visibility around a key customer’s financial health.
BUSINESS
US trade deal eases risk, lifts outlook for India’s electronics, semiconductor manufacturing
India’s smartphone exports to the US surged more than 200% year-on-year between April and November of FY26 to $12.54 billion, compared with $4.1 billion in the same period last year, according to commerce department data.
TECHNOLOGY
India smartphone market ends 2025 on premium high; Apple hits record value share
Apple delivered one of the strongest performances in India’s smartphone market in 2025, recording 28% year-on-year shipment growth, far ahead of market’s 1% volume expansion
TECHNOLOGY
Budget eases tax rules for contract manufacturers, to help Apple scale up
The iPhone maker had pushed for the change, warning that I-T rules could undermine its India expansion. The decision mitigates two major pain points, margin pressure and capital constraints for equipment, say experts
BUSINESS
Budget 2026: Capital infusion in BSNL to increase to Rs 28,473 crore
BSNL is close to finalising specifications for an additional 22,000 4G sites and is weighing further next-generation expansion plans supported by fresh funding.
BUSINESS
ECMS boost to drive 35% smartphone value addition, to fortify global supply chains, say electronics manufacturers
Industry leaders believe the expanded ECMS support could fast-track India’s shift from assembly-led growth to a more integrated, value-driven electronics manufacturing base.
BUSINESS
Budget 2026: ECMS outlay hike to power higher local value in smartphones, says Dixon’s Sunil Vachani
Dixon Technologies (India)'s Subsidiaries, Kunshan Q Tech Microelectronics (India) and Dixon Electroconnect have been granted approval by the Ministry of Electronics and Information Technology (MeitY), Government of India under the Electronics Component Manufacturing Scheme (ECMS) on 2 January 2026, for manufacturing of Camera Module Sub-assembly and Optical Transceiver-SFP, respectively.
TECHNOLOGY
Budget 2026: FM unveils ISM 2.0, raises electronics components outlay to Rs 40,000 crore
The Finance Minister highlighted the strong response to the electronics components manufacturing scheme, launched in April 2025 with an outlay of Rs 22,919 crore. The scheme has already attracted investment commitments at nearly double its original targets, reflecting rising investor confidence in India’s electronics manufacturing ecosystem.
BUSINESS
Ericsson deepens India R&D focus, expands IIT Madras collaboration to drive AI-powered 5G and 6G
India’s rapid 5G rollout and leadership in areas such as standalone networks and fixed wireless access — now with over 10 million 5G FWA connections — have accelerated Ericsson’s R&D momentum in the country.
BUSINESS
Apple sees ‘huge opportunity’ in India, revenue at record high, says CEO Tim Cook
Apple set a December quarter revenue record in India driven by record sales across iPhone, Mac and iPad, alongside all-time high services revenue, Cook has said
BUSINESS
Economic Survey: Chip access vital for strategic autonomy; India stepping up semiconductor push
Semiconductor design is among the most research-intensive industries globally, requiring years of multidisciplinary R&D, deep intellectual property capabilities and a highly skilled workforce, the survey says
BUSINESS
Economic Survey: Electronics on course to be India's second biggest export, powered by mobile manufacturing
Mobile phone manufacturing production value has surged nearly 30-fold over the past decade — from Rs 18,000 crore in FY15 to Rs 5.45 lakh crore in FY25, making it one of the most dramatic industrial expansions in recent years
BUSINESS
Rural telecom growth outpaces urban, narrowing digital divide: Economic Survey
Tele-density has climbed from 75% in 2014 to 86.8% by November 2025, with total telephone connections crossing 1.2 billion, up from about 933 million a decade ago
BUSINESS
Vodafone Idea rules out fresh equity infusion, bets on loans and AGR relief for turnaround
CEO Abhijit Kishore said the telecom operator is targeting Rs 25,000 crore in bank funding and Rs 10,000 crore in non-funded facilities to support its planned capex
BUSINESS
Vodafone Idea CEO says AGR overhang trapped telco in ‘vicious cycle’, unveils 3-year reset plan
For years, the uncertainty around adjusted gross revenue (AGR) dues kept lenders wary, limiting capital access and slowing network expansion
BUSINESS
Sterlite Technologies flags germanium supply risk as China tightens exports, eyes Europe, US
There are opportunities to source from Europe, the US, and other areas and STL is evaluating those, chief executive officer Ankit Agarwal tells Moneycontrol, stressing on rare earth self-sufficiency
BUSINESS
Vodafone Idea’s turnaround moment has arrived after AGR clarity: Kumar Mangalam Birla
'For the first time in years, the fog has cleared,' he noted
TELECOM
Vi sees adequate cash flows for debt, spectrum, AGR payments; in talks for fresh bank funding
The company added that it is in discussions with banks to raise additional funds.For the nine months ended December 31, 2025, the company reported a loss of Rs 17,540 crore.
BUSINESS
India–EU FTA: Electronics makers eye $50 billion export by 2031
Over the following decade, electronics exports to EU could potentially cross $100 billion with deeper value-chain integration.
BUSINESS
Data boom makes India vital growth engine, strategic operational hub, says Ericsson CEO
Amid uncertainty and tariff pressures, Ericsson is leaning on flexibility rather than forecasts, CEO Börje Ekholm tells Moneycontrol
