Page 48 - Electronics Association News Today

Little by little, India is chipping away at the Great Wall. Last week, research firms raised their 2024 forecast for wearable device shipments from India on account of the exponential increase in demand and fall in average selling prices. Part of the reason companies can maintain a low price is because they are ramping up local assembly of products, a move that is costing China. This and more in todays ETtech Top 5.

The mobile manufacturing industry has called on the government to reduce input tariffs saying the current regime has outlived its utility and is putting India at a competitive disadvantage against the likes of China and Vietnam. The industry said Indias mobile manufacturing has transformed drastically over the past few years with the country achieving over $11.5 billion of mobile phone exports in the last fiscal.

Indian Wearable Brands: As per IDC, India-based smaller players who cumulatively hold >15% share are further lowering the overall average selling prices (ASPs). The ASP was at Rs 1,800 ($22.7) in 1Q23 compared to Rs 2,400 ($29.5) in 1Q22.

The government is right on the path to achieve the $300 billion electronics manufacturing target which will be a massive 20-25 times growth in almost a decade, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on ...

India can reach $300 billion worth of electronics manufacturing and exports by 2025-26 if specific product segments with high potential for scale are shortlisted and catered to by way of incentives and policy measures, according to the Vision Document 2.0 prepared by the IT Ministry and the India Cellular and Electronics Association (ICEA).

India can reach $300 billion worth of electronics manufacturing and exports by 2025-26 if specific product segments with high potential for scale are shortlisted and catered to by way of incentives and policy measures, according to the Vision Document 2.0 prepared by the IT Ministry and the India Cellular and Electronics Association (ICEA).

India can reach $300 billion worth of electronics manufacturing and exports by 2025-26 if specific product segments with high potential for scale are shortlisted and catered to by way of incentives and policy measures, according to the Vision Document 2.0 prepared by the IT Ministry and the India Cellular and Electronics Association (ICEA).

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.

Pankaj Mohindroo, Chairman, ICEA, said "Mobile phone exports growth in 2023-24 have bucked the trend of falling exports with a growth of 128 per cent in the first two months of 2023-24."

Buoyed by friendly govt policies and PLI scheme, India is set to cross Rs 1,20,000 crore in mobile exports in the current fiscal year (FY24), driven by Apple