Search result for 'mobile phone exports'

Apple vendor Foxconn has invested $1.48 billion in its India unit, boosting iPhone production amid plans to source majority of US iPhones from India.

Foxconn's India revenue has more than doubled to over USD 20 billion in FY 2024-25, driven by iPhone production. Employee count has surged to 80,000, with plans for further expansion.

Uttar Pradesh government and Foxconn are in talks for setting up an electronics manufacturing unit in the state. The potential investment follows the allocation of land for a joint venture with HCL.

India's mobile phone exports surged past Rs 2 lakh crore in FY25, powered by iPhone shipments reaching Rs 1.5 lakh crore, Minister Ashwini Vaishnaw announced.

Foxconn, a Taiwanese electronics giant, has invested Rs 276 crore in India to increase the production of Apple devices, including iPhones and AirPods, in the country.

India's electronics production has surged but remains largely focused on assembly, with limited progress in design and component manufacturing, as per the Economic Survey. Despite significant...

Uttar Pradesh government assures timely disbursement of incentives to electronics industry, aiming to attract manufacturers and boost production. The state currently accounts for a significant...

India's mobile phone exports are set to boom, reaching USD 180 billion by 2030. However, the country's airports are struggling to keep up with the demand for cargo handling capacity. Industry...

GTRI urges government to simplify PLI scheme criteria for faster disbursement of incentives and boost domestic manufacturing. The think tank highlights concerns about slow progress and suggests a...

India Cellular and Electronics Association (ICEA) says import duty cut on mobile phone components can increase domestic production to USD 82 billion by 2027 and boost exports.

India's electronics manufacturing sector is poised for significant growth, driven by increased local value addition and a focus on component production. The sector is expected to reach USD 115...

India actively seeks trade agreements with key countries, including the Eurasian Economic Union (EaEU), to boost its share in global trade. The government is also addressing trade deficits with China.