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New Indo-US task force aims $100 bn electronics trade between 2 nations The Indo-US Task Force for Electronics, launched here on Thursday, aims to boost the electronics trade between the two countries to $100 billion within a decade. The India Cellular and Electronics Association (ICEA) organised the launch meeting here, attended by senior officials from Department of Telecommunications (DoT), US Embassy, leading US and Indian companies, investment banking fraternity, and Washington D.C.-headquartered Information Technology Industry Council (ITI). "The...
New Indo-US task force aims $100 bn electronics trade between 2 nations
New Indo-US task force aims $100 bn electronics trade between 2 nations
Source: IANS
31/08/2023 4:33:59 PM
Apple to export `Make in India` iPhone 15 faster than ever, production to begin   In another push to its India manufacturing dream, Apple maker Foxconn is all geared up to start the local production of the next-generation of iPhone 15 at its Sriperumbudur facility near Tamil Nadu faster than ever, as the company doubles down on the ‘Make in India’ initiative. Sources close to the development told IANS that Apple aims to deliver locally-assembled iPhone 15 as soon as it is launched globally in the middle of next month, in order to narrow the launch-...
Apple to export `Make in India` iPhone 15 faster than ever, production to begin
Apple to export `Make in India` iPhone 15 faster than ever, production to begin
Source: IANS
16/08/2023 11:47:57 AM
We set June quarter records in India driven by robust iPhone sales: Tim Cook Apple has set a June quarter records in India, driven by the robust sales of iPhones, its CEO Tim Cook has said. During the company’s fiscal 2023 third quarter results late on Thursday, Cook said that the performance of “our new stores in India this spring exceeded our expectations”. Apple opened its own-branded Mumbai and Delhi retail stores in the country in April this year, which met with great enthusiasm. On a specific question on the potential of India, Cook sa...
We set June quarter records in India driven by robust iPhone sales: Tim Cook
We set June quarter records in India driven by robust iPhone sales: Tim Cook
Source: IANS
4/08/2023 9:00:27 AM
Apple iPhones see 68% growth in India in 2023 1st half, to reach 7% market share Apple iPhone shipments saw a 68 per cent (year-on-year) growth in India in the first half of 2023, driven by the iPhone 14 and iPhone 13 series. In the second quarter (April-June period) alone, there was a strong growth uptick in Apple iPhone shipments and the company registered a stupendous 70 per cent growth in shipments in the country, according o data provided by CyberMedia Research (CMR). Alongside, Apple iPad posted a modest 6 per cent year-over-year growth, driven by consumer nee...
Apple iPhones see 68% growth in India in 2023 1st half, to reach 7% market share
Apple iPhones see 68% growth in India in 2023 1st half, to reach 7% market share
Source: IANS
21/07/2023 4:48:19 PM
ICEA sets up taskforce to take India-US electronics trade to $100 bn in a decade The India Cellular and Electronics Association (ICEA) on Monday said that it is setting up a task-force to ensure that the current electronics trade between India and the US goes up from an estimated $8 billion to $100 billion in a decade. The warmth in the India-US relations was perceptible during the interactions with US National Science Foundation (NSF) and the setting up of the initiative on Critical and Emerging Technology (iCET) that will aid in cooperation in futuristic areas such a...
ICEA sets up taskforce to take India-US electronics trade to $100 bn in a decade
ICEA sets up taskforce to take India-US electronics trade to $100 bn in a decade
Source: IANS
3/07/2023 6:05:13 PM
India rising steadily in global electronics supply chains: Rajeev Chandrasekhar This year, smartphones are the fifth highest exported product from India and has crossed Rs 1 lakh crore in our 'Techade' that will certainly see the country as a major player in global electronics in years to come, says Rajeev Chandrasekhar, Union Minister of State for Electronics and IT. In an interaction with IANS, the minister said that India is rising steadily as a trusted partner in the global electronics supply chains. "From having to import 82 per cent of all smartphon...
India rising steadily in global electronics supply chains: Rajeev Chandrasekhar
India rising steadily in global electronics supply chains: Rajeev Chandrasekhar
Source: IANS
1/07/2023 12:29:14 PM
India to cross Rs 120,000 cr in mobile exports in FY24, Apple to surpass 50% share Buoyed by friendly government policies and production-linked incentive (PLI) scheme, India is set to cross Rs 1,20,000 crore in mobile exports in the current fiscal year (FY24), driven by tech giant Apple, the top electronics industry body told IANS on Tuesday. The country surpassed a remarkable Rs 90,000 crore worth smartphone exports in the fiscal year 2022-2023. According to the India Cellular and Electronics Association (ICEA), the mobile phone exports have already registered a mass...
India to cross Rs 120,000 cr in mobile exports in FY24, Apple to surpass 50% share
India to cross Rs 120,000 cr in mobile exports in FY24, Apple to surpass 50% share
Source: IANS
20/06/2023 5:52:59 PM
From mobile phones to chips, India manufacturing enters golden era In 2018, South Korean giant Samsung inaugurated the world's largest mobile factory in India. The 35-acre facility at Sector 81 in Noida, Uttar Pradesh, saw Prime Minister Narendra Modi and South Korean President Moon Jae-in officially inaugurating it together -- placing the country firmly on the global manufacturing map. Even before that, the country saw a massive turnaround in mobile manufacturing. Before 2014, there were two mobile manufacturing factories and now, more than 200 manuf...
From mobile phones to chips, India manufacturing enters golden era
From mobile phones to chips, India manufacturing enters golden era
Source: IANS
27/05/2023 5:55:16 PM
India`s electronics sector exports cross Rs 1,85,000 cr, mobiles alone surpass Rs 90K cr Led by locally-manufactured mobile phones, India's electronics industry saw a record exports of electronic goods at an estimated Rs 1,85,000 crore in FY22-23A - compared to Rs 1,16,936 crore in FY21-22 - marking a whopping 58 per cent increase, the the India Cellular and Electronics Association (ICEA) said on Wednesday. The mobile phone exports made history by crossing the $10 billion threshold for the first time in any fiscal year, reaching an estimated $ 11.12 billion (over Rs 90,000...
India`s electronics sector exports cross Rs 1,85,000 cr, mobiles alone surpass Rs 90K cr
India`s electronics sector exports cross Rs 1,85,000 cr, mobiles alone surpass Rs 90K cr
Source: IANS
13/04/2023 9:08:15 AM
Bullish on India, Tim Cook to unveil Apple retail stores in Mumbai, Delhi As Apple firms up its plans to put India on its global manufacturing and retail map, the company's CEO Tim Cook will be in India next week to inaugurate Apple's brick-and-mortar stores in Mumbai and Delhi. Reliable sources told IANS that Cook will inaugurate Apple's own branded retail stores -- at Jio World Drive Mall in Mumbai and at Select CityWalk mall in Saket, Delhi -- that will be the first for the tech giant which has doubled down on its India growth plans. Apple set ...
Bullish on India, Tim Cook to unveil Apple retail stores in Mumbai, Delhi
Bullish on India, Tim Cook to unveil Apple retail stores in Mumbai, Delhi
Source: IANS
11/04/2023 2:58:02 PM
India surpasses Rs 85,000 cr worth mobile phone exports in FY23 The government's push towards local manufacturing of consumer electronics items has helped India cross record more than Rs 85,000 crore in mobile exports in the fiscal year ending March 31, industry data showed on Saturday. Buoyed by attractive government incentives towards local manufacturing, India surpassed a remarkable $10 billion worth smartphone exports in the fiscal year 2022-2023, according to the data provided by the India Cellular and Electronics Association (ICEA) to IANS. ...
India surpasses Rs 85,000 cr worth mobile phone exports in FY23
India surpasses Rs 85,000 cr worth mobile phone exports in FY23
Source: IANS
8/04/2023 12:28:57 PM
India to cross $10 bn worth mobile exports in FY22-23, Apple leads at 50% Buoyed by attractive government incentives towards local manufacturing, India is all set to reach a remarkable $10 billion (over Rs 82,000 crore) worth smartphone exports in the fiscal year ending March 31, industry data showed on Wednesday. According to the India Cellular and Electronics Association (ICEA), Apple's 'Make in India' smartphone now constitute 50 per cent of total exports. Samsung is second with 40 per cent mobile exports while other smartphone players constitu...
India to cross $10 bn worth mobile exports in FY22-23, Apple leads at 50%
India to cross $10 bn worth mobile exports in FY22-23, Apple leads at 50%
Source: IANS
22/03/2023 4:22:00 PM
IT ministry working with industry to implement mobile security guidelines: ICEA  The India Cellular and Electronics Association (ICEA) on Wednesday said the IT Ministry is working closely with the industry to implement mobile security guidelines in line with the new Bureau of Indian Standards (BIS). The statement from ICEA, which is apex industry body for the mobile and electronics industry, came after a media report said that the government is planning security testing for smartphones and crackdown on pre-installed applications on mobile devices -- a claim vehem...
IT ministry working with industry to implement mobile security guidelines: ICEA
IT ministry working with industry to implement mobile security guidelines: ICEA
Source: IANS
15/03/2023 4:57:30 PM
Why India must put lithium reserves to commercial production soon The surprising discovery of 5.9 million tonnes of high-quality lithium reserves in Jammu and Kashmir has ignited the debate whether India can utlise this huge find sooner to challenge the dominance of countries like China in the world of EVs, smartphones, and other consumer electronics items. To date, India has been heavily relying on imported lithium-ion batteries because of a lack of raw materials to make the battery cells. The country imports about 70 per cent of its battery-cell requir...
Why India must put lithium reserves to commercial production soon
Why India must put lithium reserves to commercial production soon
Source: IANS
25/02/2023 3:28:27 PM
ICEA to help Uttar Pradesh become a global IT and electronics manufacturing hub The India Cellular and Electronics Association (ICEA) on Friday signed a memorandum of understanding (MoU) with the UP government to facilitate investments as the electronics manufacturing and skill hub to cater to domestic demand and exports. The government has set a target to achieve $300 billion of electronics manufacturing by 2025-26, out of which $75-100 billion of electronics manufacturing is expected from Uttar Pradesh. "Uttar Pradesh already has more than 60 per cent of tot...
ICEA to help Uttar Pradesh become a global IT and electronics manufacturing hub
ICEA to help Uttar Pradesh become a global IT and electronics manufacturing hub
Source: IANS
11/02/2023 9:42:21 AM
Electronics goods export likely to surge by 37% to cross Rs 1.6 lakh crore in FY23: ICEA India Cellular and Electronics Association (ICEA) has said electronic goods export is likely to grow by 36.8 per cent to cross Rs 1.6 lakh crore in the current fiscal (FY23), with mobile phone export accounting for nearly half of the total pie. The electronic goods export in 2021-22 was Rs 1,16,937 crore. The mobile phone exports in FY 2021-22 were Rs 45,000 crore, and is estimated to reach more than Rs 75,000 crore in FY 2022-23. According to it, the total exports of electronic goods from...
Electronics goods export likely to surge by 37% to cross Rs 1.6 lakh crore in FY23: ICEA
Electronics goods export likely to surge by 37% to cross Rs 1.6 lakh crore in FY23: ICEA
Source: Accord Fintech
1/02/2023 10:11:23 AM
Give incentives for sectors impacted by economic meltdown in budget: IT leaders The Indian IT and electronics leaders on Sunday urged the Centre to lift certain tariffs and announce incentive schemes for sectors impacted by recession in the Union Budget for FY24. Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), said that tariffs on inputs and components are an important barrier to increasing localisation. "However, some of the smaller tariffs should be done away with to support local businesses and bring ease of doing business. ...
Give incentives for sectors impacted by economic meltdown in budget: IT leaders
Give incentives for sectors impacted by economic meltdown in budget: IT leaders
Source: IANS
29/01/2023 11:21:09 AM
80% of new smartphones will be 5G-enabled in India by 2023: India Cellular and Electronics Association As India rides on 5G with more than 50 cities and towns now enjoying the new technology, the India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo said on Monday that by the end of 2023, 75-80 per cent of the new smartphone launches will be 5G-enabled. The 5G services were launched by Prime Minister Narendra Modi on October 1. Telecom service providers have launched the service in select cities and plan to cover the entire nation by the end of 2023 or early 2024. ...
80% of new smartphones will be 5G-enabled in India by 2023: India Cellular and Electronics Association
80% of new smartphones will be 5G-enabled in India by 2023: India Cellular and Electronics Association
Source: IANS
26/12/2022 12:36:29 PM
ICEA makes boAt industry partner for CoE to design lithium-ion devices The India Cellular and Electronics Association (ICEA) on Thursday signed the memorandum of understanding (MoU) with consumer electronics brand boAt as an industry partner for the Centre of Excellence (CoE) based on Li-ion products (post cell) at CDAC, Noida. The move, said the ICEA, will boost the growth of the electronics industry by actively working with key stakeholders (including the central and state governments) to create a robust electronics industry with global acclaim and create a...
ICEA makes boAt industry partner for CoE to design lithium-ion devices
ICEA makes boAt industry partner for CoE to design lithium-ion devices
Source: IANS
4/11/2022 9:23:48 AM
Digital radio can double Indian broadcast sector sales to Rs 12,300 cr The adoption of digital radio technology can help the broadcast sector double its revenues to Rs 12,300 crore in five years riding on a robust mobile ecosystem, a new report showed on Thursday. The country has so far tested two technologies -- HD Radio and Digital Radio Mondiale (DRM) -- for digital broadcasting in FM bands. According to a report by the India Cellular and Electronics Association (ICEA) and EY, radio stations will go up from less than 300 today to over 1,100 without addi...
Digital radio can double Indian broadcast sector sales to Rs 12,300 cr
Digital radio can double Indian broadcast sector sales to Rs 12,300 cr
Source: IANS
4/08/2022 2:54:31 PM
Industry upbeat on nearly Rs 1.5 lakh cr worth bids for 5G spectrum Industry leaders on Thursday hailed the ongoing 5G spectrum auction that has touched nearly Rs 1.5 lakh crore in just two days of bidding, saying it is a watershed moment for the country and its communication and information services. Pankaj Mohindroo, Chairman of the India Cellular and Electronic Association (ICEA) told IANS that the 5G auctions have also attracted robust investor interest. "Although lowering of base prices would have further helped, steps such as no spectrum usag...
Industry upbeat on nearly Rs 1.5 lakh cr worth bids for 5G spectrum
Industry upbeat on nearly Rs 1.5 lakh cr worth bids for 5G spectrum
Source: IANS
28/07/2022 3:39:51 PM
QR code labelling on electronics items to start soon: Top industry body  The decision by the Department of Consumer Affairs on mandatory QR code labeling on various packaged commodities including electronics, will de-clutter the information for the consumers needed at the time of purchase, the India Cellular and Electronic Association (ICEA) said on Friday. Last week, the Department of Consumer Affairs announced the first step to simplify labelling using digital QR code under a law that is over 30 years old. "The industry will start working alongs...
QR code labelling on electronics items to start soon: Top industry body
QR code labelling on electronics items to start soon: Top industry body
Source: IANS
22/07/2022 5:24:27 PM
Government removes restrictions on displays, camera components: ICEA In a relief for smartphone manufacturers, the Directorate General of Foreign Trade (DGFT) has agreed to remove restrictions on displays and camera modules that were brought in via a DGFT notification on February 9, the India Cellular and Electronics Association (ICEA) said on Thursday. The DGFT, following a meeting between the Ministry of Electronics & IT, Ministry of Finance and Ministry of Commerce & Industry, has agreed to remove restrictions on displays and camera modules. &...
Government removes restrictions on displays, camera components: ICEA
Government removes restrictions on displays, camera components: ICEA
Source: IANS
25/02/2022 9:54:02 AM
India can reach $300 bn electronic manufacturing by 2026: MeitY-ICEA Indian can reach $300 billion worth of electronics manufacturing and exports by 2025-26 -- nearly four times from the current $67 billion -- if specific product segments with high potential for scale are shortlisted and catered to by way of incentives and policy measures, a new IT Ministry report showed on Monday. The Vision Document 2.0, prepared by the Ministry of Electronics and Information Technology (MeitY) and presented by the India Cellular & Electronics Association (ICEA), emph...
India can reach $300 bn electronic manufacturing by 2026: MeitY-ICEA
India can reach $300 bn electronic manufacturing by 2026: MeitY-ICEA
Source: IANS
24/01/2022 5:07:18 PM
Rationalise tariffs on mobile phone parts in Union Budget: ICEA Ahead of the Union Budget 2022-23, the India Cellular and Electronics Association (ICEA) on Monday urged the government to rationalise tariffs on inputs for parts and components of mobile phones and revisit basic customs duty on high-end mobile phones. In a letter to Union Minister of State for IT Rajeev Chandrasekhar, the ICEA said that in order to ensure that the maximum manufacturing can happen in India, duties on the inputs of the parts and components of mobile phones must be carefully...
Rationalise tariffs on mobile phone parts in Union Budget: ICEA
Rationalise tariffs on mobile phone parts in Union Budget: ICEA
Source: IANS
18/01/2022 10:01:38 AM
India's high import tariffs negating PLI, impacting competition: ICEA As India doubles down on local manufacturing, the country's import tariffs in the electronics sector are still way higher than China, Vietnam and other economies, which is negating the performance-linked incentive (PLI) scheme and adversely impacting competitiveness and scale, a new study showed on Thursday. India's higher tariffs are even more evident for the priority products identified by the electronics industry. For finished products, India's tariffs are slightly lower ...
India's high import tariffs negating PLI, impacting competition: ICEA
India's high import tariffs negating PLI, impacting competition: ICEA
Source: IANS
6/01/2022 1:43:25 PM
Reduce GST on mobile phones to 12%, ICEA writes to state CMs  The India Cellular and Electronics Association (ICEA) said on Tuesday that it has written to various state chief ministers to reduce the GST rates on mobile phones to 12 per cent and on mobile parts and components to 5 per cent. The 12 per cent GST rate on mobile handsets had increased tax by almost 50 per cent in this sector from a prevailing national average rate of 8.2 per cent (pre-GST era). The mobile industry was emerging from the GST rate hike and the government once again ...
Reduce GST on mobile phones to 12%, ICEA writes to state CMs
Reduce GST on mobile phones to 12%, ICEA writes to state CMs
Source: IANS
16/11/2021 1:59:23 PM
ICEA hails recent amendments to IGCR rules, seeks further changes Lauding the recent changes to the Import of Goods at Concessional Rate of Duty (IGCR) Rules, 2017, the India Cellular & Electronics Association (ICEA) has sought further changes to the rules on a urgent basis. In a statement, the industry body said that the entire electronics sector, especially the mobile phone industry, is encouraged with the amended rules notified in the IGCR rules to boost trade facilitation. ICEA Chairman Pankaj Mohindroo said: "We welcome the clarification...
ICEA hails recent amendments to IGCR rules, seeks further changes
ICEA hails recent amendments to IGCR rules, seeks further changes
Source: IANS
26/05/2021 9:37:26 AM
India to become major production hub for ACC batteries: ICEA The India Cellular and Electronics Association (ICEA) has welcomed the Rs 18,100 crore Production Linked Incentive (PLI) scheme that has been approved for Advanced Chemistry Cell (ACC) battery storage in the country. In a statement, ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country. "We at ICEA believes that the PLI ...
India to become major production hub for ACC batteries: ICEA
India to become major production hub for ACC batteries: ICEA
Source: IANS
15/05/2021 5:43:50 PM
India ready for full-fledged local display FAB manufacturing As the Indian government renews its thrust on domestic electronics manufacturing with various incentive-linked schemes, the country has a great opportunity as well as required capabilities to establish a full-fledged semiconductor fabrication (FAB) electronics manufacturing ecosystem in the country, the India Cellular and Electronics Association (ICEA) said on Wednesday. India's share in the global electronics manufacturing has grown from 1.3 per cent in 2012 to 3.6 per cent in 2019. D...
India ready for full-fledged local display FAB manufacturing
India ready for full-fledged local display FAB manufacturing
Source: IANS
5/05/2021 2:18:05 PM
Electronic goods exports soar to Rs 8,806 cr in December 2020 Electronic goods exports recorded an all-time high of Rs 8,806 crore in the month of December 2020. In a statement, the India Cellular and Electronics Association (ICEA) said that the electronics industry is overcoming the unprecedented challenges of COVID and is on a path of regaining its momentum. Mobile phone is the highest contributor in the segment comprising of 35 per cent of the value with an export value of Rs 3,061 crore which is 50 per cent higher than December 2019. Pankaj...
Electronic goods exports soar to Rs 8,806 cr in December 2020
Electronic goods exports soar to Rs 8,806 cr in December 2020
Source: IANS
3/03/2021 9:06:56 AM
Mobile industry `disappointed` with Budget proposals: ICEA With announcement of an increase in custom duty by up to 10 per cent on inputs and parts of mobile chargers and moderate hike in some sub-parts of phones in the Budget, industry body India Cellular and Electronics Association (ICEA) on Monday reported "widespread feeling of disappointment" in the proposals of duty hikes. The Budget proposals announced by Finance Minister Nirmala Sitharaman are expected to make the handsets costlier by 3-4 per cent. In a letter addressed to Ele...
Mobile industry `disappointed` with Budget proposals: ICEA
Mobile industry `disappointed` with Budget proposals: ICEA
Source: IANS
2/02/2021 11:47:25 AM
Mobile industry raises demand for GST rate cut in Budget Industry body India Cellular and Electronics Association (ICEA) has renewed its demand for reducing Goods and Services Tax (GST) for the mobile industry ahead of the Union Budget to be presented on February 1. Terming the GST hike of 50 per cent in March 2020 as "a cruel blow" dealt to the industry, the ICEA said that the rationale presented to the GST Council for raising the rate was "flawed". "To achieve the goal of smartphones in the hands of every Indian and...
Mobile industry raises demand for GST rate cut in Budget
Mobile industry raises demand for GST rate cut in Budget
Source: IANS
24/01/2021 9:18:16 AM