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330 million mobile phones being manufactured in India a year: Government India’s electronics sector is currently employing about 1.2 million people all over the country, as 325 to 330 million mobile phones are being manufactured every year, the government said on Thursday.  The country has witnessed rapid growth in electronics manufacturing – from Rs 1.9 lakh crore in 2014-15 to Rs 9.52 lakh crore in production in 2023-24 (with an annual compounded growth rate of 17.4 per cent) and 22.7 per cent export growth. On the 10th anniversary of the ...
330 million mobile phones being manufactured in India a year: Government
330 million mobile phones being manufactured in India a year: Government
Source: IANS
2024-09-27 09:11:00 am
India`s electronics production reach Rs 9.52 lakh cr, mobile exports cross Rs 1.2 lakh cr Driven by the production-linked incentive (PLI) scheme, the overall production of electronics in the country has surged to Rs 9.52 lakh crore, from Rs 1.9 lakh crore 10 years back, growing at a compound annual growth rate (CAGR) of 17.4 per cent, the government has informed.  India has reached Rs 6.61 lakh crore in total value of production, above the target that has been set by the government. The overall investment has been Rs 9,100 crore, also above the target. The mobile PLI sc...
India`s electronics production reach Rs 9.52 lakh cr, mobile exports cross Rs 1.2 lakh cr
India`s electronics production reach Rs 9.52 lakh cr, mobile exports cross Rs 1.2 lakh cr
Source: IANS
2024-09-26 03:28:51 pm
Mobile phone exports: India gains with PLI scheme as China & Vietnam falter In a major boost to India’s production-linked incentive (PLI) scheme, mobile phone exports from the country gained much ground in FY24 as manufacturing giants like China and Vietnam fell behind. Railways, I&B and IT Minister Ashwini Vaishnaw posted on X on Monday that “Bharat’s focus on manufacturing with ‘Make in India’ and PLI scheme is showing good results.” As tech giants like Apple continue to shift iPhone manufacturing to India amid politica...
Mobile phone exports: India gains with PLI scheme as China & Vietnam falter
Mobile phone exports: India gains with PLI scheme as China & Vietnam falter
Source: IANS
2024-07-01 03:28:21 pm
Mobile phone manufacturing in India scripts an unmatched success story  The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector. While 78 per cent of all the mobile phones sold in the country in 2014 were imported, about 97 per cent of the mobile phones are now manufactured in India. According to the industry body, India Cellular & Electronics Association (ICEA), mobile phone production, in value terms has surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4.1...
Mobile phone manufacturing in India scripts an unmatched success story
Mobile phone manufacturing in India scripts an unmatched success story
Source: IANS
2024-03-10 02:40:40 pm
India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs  India is close to achieving the target of Rs 20 lakh crore worth mobile phone production in the last 10 years, while crossing Rs 1.20 lakh crore worth phone exports in the current fiscal year (FY24) -- a whopping 7,500 per cent increase in exports over a decade -- top electronics industry body India Cellular and Electronics Association (ICEA) said on Thursday. The industry had set itself a target of Rs 20 lakh crore worth mobile phone production over the last 10 years (2014-2024). ...
India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs
India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs
Source: IANS
2024-03-07 06:11:23 pm
Samsung to unveil Galaxy Ring at Mobile World Congress Samsung Electronics said on Sunday that it plans to unveil the design of the envisioned Galaxy Ring smart device at this week's Mobile World Congress (MWC) in Spain. The showcase comes in line with Samsung Electronics' efforts to adopt artificial intelligence technologies in a wider array of devices to offer personalised health care experiences, the company said in a statement. "As part of this portfolio, the Galaxy Ring is being unveiled as a new health form factor that si...
Samsung to unveil Galaxy Ring at Mobile World Congress
Samsung to unveil Galaxy Ring at Mobile World Congress
Source: IANS
2024-02-26 10:50:08 am
Mobile phone manufacturing up 1,700% in last 10 yrs, exports up 5,600%: MoS IT The mobile phone manufacturing has increased from an estimated Rs 18,900 crore in 2014-15 to an estimated Rs 3,50,000 crore in 2022-23, making an impressive increase in production by more than 1,700 per cent, the government said on Wednesday. Replying to a question in Lok Sabha, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said that from almost insignificant in the global electronics supply chain, India is currently rapidly becoming a significant and trusted player in th...
Mobile phone manufacturing up 1,700% in last 10 yrs, exports up 5,600%: MoS IT
Mobile phone manufacturing up 1,700% in last 10 yrs, exports up 5,600%: MoS IT
Source: IANS
2024-02-07 02:41:38 pm
Motorola appoints TM Narasimhan to lead its India business  Motorola Mobility India on Wednesday announced the appointment of T.M Narasimhan as the Managing Director for its Mobile Business Group in the country. Narasimhan will lead the India business, reporting to Prashanth Mani who will continue to be the head of Motorola’s Asia Pacific business. Narasimhan has earlier worked in leadership roles in companies like PepsiCo, Britannia and Samsung. “India is a focus market for us in Asia pacific and has been seeing exponential...
Motorola appoints TM Narasimhan to lead its India business
Motorola appoints TM Narasimhan to lead its India business
Source: IANS
2024-01-03 11:57:40 am
CGCA showcases digitization programme for telecom licensees and pensioners at IMC Controller General of Communications   Accounts (CGCA) has demonstrated its digitization programme at Indian Mobile Congress (IMC) 2023, for ease of doing business for the telecom licensees as well as quality service delivery to the Telecom/BSNL/MTNL Pensioners  in the form of SARAS and SAMPANN. SARAS, which was launched by the Department of Telecom (DOT) is a portal for the licensees for ease of compliance of financial conditions of license agreements. Through SARAS portal,...
CGCA showcases digitization programme for telecom licensees and pensioners at IMC
CGCA showcases digitization programme for telecom licensees and pensioners at IMC
Source: Accord Fintech
2023-10-31 02:09:41 pm
`India may have 1/3rd share in mobile communication data by 2030` With the advent of mobile communication, India is contributing hugely to the massive escalation of global data volume and by 2030 India's share may increase to one third or even more of the total data generated from the standard mobile communication, Science and Technology Secretary Abhay Karandikar said on Sunday. He was speaking at the Indian Mobile Congress (IMC).  "We will have a variety of use cases from very high to a very low data rate, from very stringent latency e...
`India may have 1/3rd share in mobile communication data by 2030`
`India may have 1/3rd share in mobile communication data by 2030`
Source: IANS
2023-10-30 09:52:46 am
Indian tech sector sees 40% surge in deal values in Q3 The Indian technology sector saw 87 deals valued at $1.4 billion in the third quarter this year, a 40 per cent surge in values over the previous quarter, a report showed on Thursday.The deal volumes, however, fell by 13 per cent in the July-September period.The rise of generative AI is reshaping the industry, with prominent tech players actively embracing and leveraging this technology to enhance efficiency across various sectors, said the report by Grant Thornton Bharat."With a substantial 8...
Indian tech sector sees 40% surge in deal values in Q3
Indian tech sector sees 40% surge in deal values in Q3
Source: IANS
2023-10-26 06:20:32 pm
PM to inaugurate 7th Indian Mobile Congress tomorrow in Pragati Maidan Prime Minister Narendra Modi will inaugurate the 7th edition of the Indian Mobile Congress (IMC) 2023 on Friday morning at the Bharat Mandapam in Pragati Maidan.During the programme, Modi will award 100 ?5G Use Case Labs? to educational institutions across the country.These labs are being developed under the ?100 5G labs initiative?, which is an endeavour to realise the opportunities associated with 5G technology by encouraging development of 5G applications which cater, both to India?s uniqu...
PM to inaugurate 7th Indian Mobile Congress tomorrow in Pragati Maidan
PM to inaugurate 7th Indian Mobile Congress tomorrow in Pragati Maidan
Source: IANS
2023-10-26 03:47:09 pm
AI will further drive acces­sibility and adoption of our products: Adobe CEO AI and generative AI have enormous potential and we believe that these disruptive technologies will drive further acces?sibility and adoption of our products, Adobe Chairman and CEO Shantanu Narayen has stressed.According to him, AI is an accelerant for idea generation and refinement among the world?s creative minds and for businesses, ?it presents opportunities for greater automation, productivity, and personalisation".In a latest November-December issue of Harvard Business Review, Narayen w...
AI will further drive acces­sibility and adoption of our products: Adobe CEO
AI will further drive acces­sibility and adoption of our products: Adobe CEO
Source: IANS
2023-10-19 02:03:24 pm
Microsoft welcomes Activision Blizzard and their teams to Xbox Top Microsoft leaders Satya Nadella and Brad Smith welcomed the closing of $68.7 billion transaction to acquire gaming giant Activision Blizzard, saying they affirm the commitment to labour principles and innovative approach to union partnerships.They reacted after the UK?s anti-trust watchdog cleared the restructured deal for Microsoft to buy Blizzard, after it concluded that the new deal would preserve competitive prices and better services.Smith, Vice Chair and President of Microsoft, said...
Microsoft welcomes Activision Blizzard and their teams to Xbox
Microsoft welcomes Activision Blizzard and their teams to Xbox
Source: IANS
2023-10-14 11:50:51 am