TELECOM
India’s smartphone exports hit record Rs 2 lakh crore, becomes country’s top export commodity
In a landmark development, smartphones have emerged as India’s largest export commodity, overtaking traditional leaders such as petroleum products and diamonds
BUSINESS
Vodafone Idea troubles to persist despite 4G gains; Airtel to see modest Q4 growth
Analysts expect Vodafone Idea’s March revenue to see a drop of up to 2 percent due to subscriber churn
BUSINESS
India accelerates indigenous 5G-A and 6G development with new open-source initiative
The Foundation for Science Innovation and Development (FSID) at IISc Bengaluru, the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi, and the Centre for Development of Advanced Computing (C-DAC) have signed a landmark agreement to lead this effort.
BUSINESS
Vodafone Idea banks on late 5G entry for cost savings, pushes for tariff hike
Stressing on the need for a tariff hike, Vi has said average revenue per user lags the exponential growth in data consumption
BUSINESS
Consumers can pick their network as private telcos publish coverage maps
The transparency initiative allows consumers to check real-time signal strength and service availability in their areas
BUSINESS
Nothing seeks Rs 1,000-crore JV, scouts for partners to make India global export hub
At present, Nothing makes its smartphones through Noida-based Dixon and BYD India, the local arm of China’s BYD
BUSINESS
India's electronics industry sounds alarm over increased manufacturing competition from Saudi Arabia, UAE
Several developing countries that have secured notably lower tariff rates compared to India, including Brazil, Turkey, Saudi Arabia, UAE (each at 10%), and the Philippines (17%). India Cellular and Electronics Association said that Saudi Arabia and the UAE represent near-term threats to India’s electronics exports due to their SEZs, competitive manufacturing environments and potential labour-cost advantages.
BUSINESS
Trump tariffs to disrupt Indian telecom exports, raise costs for gear manufacturers
The manufacturers also see Trump tariffs as an opportunity to strengthen domestic supply-chains, invest in R&D and explore alternative markets
BUSINESS
India's electronics industry cites advantage over China, Vietnam in Trump's latest tariff levy
India's electronics industry has told the Centre to extend zero-duty benefits for the potential agreement for smartphones, consumer electronics, and other devices, adding that American consumers will lose out after the tariff levy as product prices may rise.
BUSINESS
Dixon in talks with Motorola, Trump tariffs give India edge over China, Vietnam, says Atul Lall
The 26% reciprocal tariff on India is much lower than the tariffs on China and Vietnam, making Indian exports relatively competitive, the Dixon Technologies managing director says
BUSINESS
Indus Towers poised for gains as govt eases Voda Idea's financial burden
By easing Vi’s financial burden, the move enables the telco to secure Rs 25,000 crore ($3 billion) in debt funding, which will fuel its network expansion
BUSINESS
GSMA urges telecom dept to include 6GHz band in next spectrum auctions
GSMA said the move will ensure that all necessary IMT spectrum bands—across mid-band and high-band frequencies—are made available together
COMPANIES
TCL to launch made-in-India Alcatel smartphones
Operating under a trademark license from Finland’s Nokia, Alcatel aims to democratise premium technology
BUSINESS
India's electronics cos like Dixon, Optiemus, Bhagwati gear up for fresh investment in camera, display modules
Industry leaders believe the recently approved Rs 22,919 crore Component Manufacturing Scheme will significantly reduce import dependence and strengthen India’s role in global supply chains.
BUSINESS
Optiemus Electronics aims to make key components with global players under new Rs 22,919 crore incentive scheme
Hailing the decision, A. Gururaj, Managing Director of Optiemus Electronics, called it a game-changer for the industry.
BUSINESS
Micromax’s Bhagwati eyes global JVs under Rs 22,919 crore electronics component scheme: Rahul Sharma
The company has outlined a decade-long roadmap to build India’s electronics component supply chain and is in the final stages of securing key partnerships.
BUSINESS
Dixon set for camera, display module and mechanicals manufacturing under component PLI scheme
Dixon Tech plans investment worth Rs 400 crore in display module plant over two phases, and plans for a camera module are still being finalized.
BUSINESS
Indian firms race to forge China ties ahead of Rs 25,000 crore electronics component incentive scheme rollout
The IT Ministry has finalised the contours of an ambitious incentive policy for electronic components manufacturing.
COMPANIES
Samsung says 'exploring legal options' on $601-million India tax demand
Tax authorities have accused Samsung of misclassifying telecom tower equipment to evade duties, a charge denied by Samsung
BUSINESS
Vodafone Idea opts for split IT deal with IBM, Kyndryl at a discounted rate to cut costs
The new agreement comes at a significantly lower value than the previous $800 million deal with IBM, which ended in April 2024. The move is an effort by the cash-strapped firm to cuts costs
BUSINESS
Beyond iPhones: Apple steps up India hiring as it looks to manufacture Airpods
The iPhone maker has advertised for several supply chain positions as well as openings for global roles in India. It is expected to begin making Airpods in April
BUSINESS
Zetwerk eyes joint ventures, acquisitions to foray into components manufacturing; plans to expand handset business
Josh Foulger, president of Zetwerk Electronics, told Moneycontrol that potential partners will be those connected to global value chains (GVCs).
BUSINESS
Apple, Samsung account for 94 percent of India’s smartphone exports
Tata Electronics was the fastest-growing manufacturer in 2024, with 107% YoY growth. iPhones 15 and 16 were the major volume contributors
BUSINESS
Samsung targets non-metro markets to drive growth in 2025, eyes faster value expansion
Samsung is leveraging its A-Series to drive both volume and value market share in 2025, setting a target of selling 11 million A-Series smartphones in India.
