BUSINESS
GST cuts spark festive cheer for TVs, dishwashers; retailers report double-digit growth
Industry believes that this festival will be one of the most promising in recent years for the consumer electronics and home appliances market, as families are definitely spending more and upgrading quicker.
BUSINESS
ICEA refutes misleading claims, says smartphone exports surge 39% in August
ICEA, which represents Apple, Foxconn, Dixon, Motorola, Oppo and Vivo, rejected this view. It said U.S. shipments more than doubled year-on-year in August 2025, rising 148% to $965 million. For April–August FY26, exports touched $8.43 billion—nearly 80% of FY25’s full-year total and a 193% jump over the same period last year.
BUSINESS
Apple ramps up iPhone machinery manufacturing in India amid China squeeze
Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20–24 months and the number is only expected to go up
BUSINESS
Flat July-Aug shipments, muted festival season set to pull India’s smartphone market down this year
With Diwali coming early, Q4 volumes may soften, pulling full-year shipments down to 148–149 million, below 151 million in the previous year
BUSINESS
FTA, GST reforms to lift demand and consumption; magical price points key for FMCG, says Dabur CEO Mohit Malhotra
According to Malhotra, affordability remains central to rural and urban consumption.
BUSINESS
Panasonic eyes 30% revenue growth, expands India as export hub, says India MD Tadashi Chiba
From a global perspective, India has emerged as Panasonic’s second-biggest market for air conditioners. 'With the kind of growth opportunities, it will soon become number one,' Chiba tells Moneycontrol
BUSINESS
iPhone 17 pre-orders in India top iPhone 16; to drive one-fifth of Apple’s 5 million Sept quarter shipments
iPhone shipments are expected to cross 5 million units in the July–September quarter of 2025, with the iPhone 17 series projected to account for 15–20% of sales despite older models continuing to dominate, according to exclusive data accessed by IDC.
BUSINESS
Sony India banks on GST cuts, festive demand for double-digit FY25 growth, eyes 3–5% share gain in premium TVs
The company closed FY24 with revenues of Rs 7,664 crore, recording a 20.6 percent on-year growth despite macroeconomic uncertainty. It is however, confident of crossing the Rs 10,000 crore revenue mark in the next two to three years.
COMPANIES
Telecom dept flags concerns over Trai’s satcom pricing plan, seeks review
A major point of contention is Trai’s proposal to impose an additional Rs 500 annual charge on urban satellite broadband subscribers
BUSINESS
Nothing raises $200 mn in Series C round from Nikhil Kamath, Qualcomm Ventures, existing investors
The capital, the firm said, will fuel its next phase that includes building an AI-native platform
COMPANIES
Vodafone Idea skips 5G FWA home broadband plan; to focus on mobile customer growth
This comes at a time when its bigger rival, Reliance Jio and Bharti Airtel are bullish on FWA service to drive home broadband revenues
BUSINESS
iPhone 17 Pro, Pro Max shortages loom in India; expect delays, say retailers
Pre-orders for the iPhone 17 opened in India on September 12, with availability beginning September 19. But retailers say allocations are heavily skewed toward the base models.
BUSINESS
Apple’s India supplier base nearly doubles since 2018, value addition at 20%
New suppliers expand footprint in India; industry watchers say new components manufacturing scheme will help push for more share in value addition
BUSINESS
After US pullout, phone maker HMD banks on India with mass-market 5G phones and security-focused business
HMD has partnered with British cybersecurity firm SafeToNet to integrate AI-driven child protection features into the Fuse device, which is currently available in the UK.
BUSINESS
Indkal in talks to raise $80 mn after $20-mn bridge round; eyes smartphone manufacturing JV
The $80 million round will also help Indkal build component manufacturing capabilities, especially sub-assemblies, through its electronics manufacturing services (EMS) partners.
BUSINESS
Apple’s iPhone 17 series production in India goes full throttle; local factories gear up to meet US, Europe demand
Foxconn subsidiary Hon Hai’s newest Bengaluru facility, which began test runs of Apple’s newest model in April, has already become India’s largest iPhone factory in terms of installed production capacity
BUSINESS
Vodafone Idea moves SC against DoT's calculation behind fresh AGR dues
Vodafone Idea has filed a petition before the Supreme Court challenging the AGR calculation, Moneycontrol has learnt.
BUSINESS
More phones, more offers: Festival sales to bring bigger deals, premium upgrades for buyers
Analysts expect smartphone sales volumes to grow 4% this year, with the overall market value rising 7% as Indian consumers upgrade to higher-priced models
BUSINESS
Apple presses ahead with India scale-up, expands capacity and local sourcing despite US pressure
The only challenge for Apple is in the capital equipment and machinery space, as China has been delaying or blocking the export of critical equipment essential for scaling its operations in India
BUSINESS
Xiaomi India looking to double share in mid-premium smartphones, boost QLED TV contribution to 35 percent, says Chief Business Officer
Backed by a 140 million-strong user base in India and steady leadership despite recent exits, the Chinese smartphone maker said the morale of the business is high, and both Xiaomi and Poco – another brand owned by Xiaomi - will play stronger roles in the premium push.
BUSINESS
Rupee slide may push iPhone 17 prices higher, base variant pegged at Rs 86,000
iPhone launch prices have mirrored the rupee-dollar exchange rate. This link will likely persist even though Apple will manufacture the iPhone 17 locally, say analysts
BUSINESS
Apple battery supplier TDK opens Rs 3,000-cr Li-ion plant in Haryana, to start production by Q4
The Sohna plant will supply batteries for mobile phones, wearables such as watches and earbuds, laptops, and wireless devices. TDK counts Apple, leading smartphone brands, and laptop makers among its key customers.
TECHNOLOGY
Musk's Starlink gets provisional spectrum to start trial satellite broadband service in India
Starlink has now applied for an import license to import equipment to set up its ground station in India
BUSINESS
Dixon, Amber, other EMS firms hail GST cut for TVs, ACs; say will boost demand, manufacturing
GST 2.0: The reform will not only benefit consumers but also provide a major fillip to India’s electronics manufacturing ecosystem by expanding the market base and encouraging fresh investments
