Page 2 - Phased Manufacturing Program News Today

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.

New Delhi: The Production Linked Incentive (PLI) Schemes have led to a significant increase in production, employment generation, economic growth and exports in the country, a top government official said.

Apple has been eyeing expanding in India since 2016. Now, with three contract manufacturers, two retail stores and several other manufacturing plants in the wings, Apple is all set to make the most of India's lower costs of production and rising demand

The consumer durables and electronics industry will contribute to strengthening the Indian economy. It is expected that the Union Budget FY2024 to include reforms that stimulate consumption and improve consumer demand.

/PRNewswire/ -- The "Automotive Lead Acid Batteries Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive...

/PRNewswire/ -- The "Automotive Lead Acid Batteries Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive...

India's policymakers are keen to transform the country's highly polluting transport industry with clean mobility alternatives.

While India's EV industry is at a nascent stage of growth, it will benefit from a strong auto manufacturing ecosystem and large consumer base.

Truke, one of India’s fastest-growing audio brands crafting high-quality products, today announced to manufacture all its products in India from next month onwards.

With container traffic stuck at international ports, supply of key summer products like ACs, refrigerators and TVs could be impacted, leading to further price hikes.