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Indian smartphone manufacturers likely to miss FY24 PLI targets

Indian smartphone manufacturers, including Lava and Bhagwati, are struggling to meet their production targets under the PLI scheme for the third consecutive year. Dixon Technologies, however, is an exception, as it has secured big orders. While global manufacturers like Foxconn and Samsung have been successful under the scheme, the domestic industry needs more time to establish local champions, according to Lava's co-founder.

New-delhi , Delhi , India , China , Chinese , Bhagwati-micromax , Samsung , Optiemus-electronics , Most-indian , Bhagwati-products , Micromax-informatics , Hon-hai

38 companies apply for IT hardware PLI 2.0

The revised production-linked incentive (PLI) scheme for IT hardware has received a positive response from 38 companies, including global giants HP, Dell, Lenovo, and Foxconn, as well as local manufacturer Dixon Technologies. These companies have proposed investments of over ₹4,000 crore to produce goods worth ₹3.35 lakh crore over the next six years.

India , New-york , United-states , China , Sudhir-goel , Ashwini-vaishnaw , Bhagwati-micromax , Lenovo , Atmanirbhar-bharat-initiative , New-york-city , Pcs , Dell

Micromax cuts jobs as it shifts focus from handsets to urban mobility: Report, ET Telecom

Micromax’s CPO Sunil Joon resigned in April 2023, and in May, joined DISH Network in Colorado, United States, according to his LinkedIn profile.

Colorado , United-states , China , Chinese , Sunil-joon , Linkedin , Micromax , Ish-network , Icromax-job-cuts , Icromax-chief-product-officer , Echnology-news , Icromax-jobs

Micromax: Indian mobile companies may find it tough to regain market share, ET Telecom

Indian brands like Micromax, Lava and others have a tall task ahead. "They (Indian brands) lack financial wherewithal and technological fundamentals and are dependent on global supply chains for manufacturing phones, and don't have volumes to bargain with global supply chains," said Faisal Kawoosa, founder of market research firm Techarc.

China , Delhi , India , Connaught-place , New-delhi , Chinese , Tarun-pathak , Faisal-kawoosa , Suryash-kumar , Counterpoint-research , Nehru-place , Micromax

Rich-poor gap begins to show up in smartphone sales as well

The affordable smartphone segment is shrinking because of inflation, high input costs and parts shortages, even as the premium phone market expands, indicating that spending by wealthier Indians is roaring even as their poorer counterparts cut back.

Rich-poor-gap , Smartphone-sales , Affordable-smartphones , Inflation , High-input-costs , Premium-phone-market , Micromax ,

India To Push Chinese Smartphone Makers To Steer Clear Of Sub-Rs 12,000 Market Segment To Boost Local Firms: Report

India To Push Chinese Smartphone Makers To Steer Clear Of Sub-Rs 12,000 Market Segment To Boost Local Firms: Report
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

China , India , Xiaomi , Fujian , Chinese , Samsung , Economic-times , Smartphone , Lava , Micromax , Local-firms

Chinese smartphone players in trouble again: Cannot sell these smartphones in India

Chinese smartphone makers are going to face a tough time again as it 'seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150)'. Know more

China , India , Xiaomi , Fujian , Chinese , Nirmala-sitharaman , Rajya-sabha , Tarun-pathak , Jio-phonenext , Bloomberg , Transsion-group , Vivo-mobile-india-private-ltd

Micromax In 2c - Full phone specifications

Micromax In 2c Android smartphone. Announced Apr 2022. Features 6.52″ display, Unisoc T610 chipset, 5000 mAh battery, 32 GB storage, 3 GB RAM.

Micromax-in-2c , Micromax , In-2c , Gsm , Mobile , Phone , Cellphone , Information , Info , Specs , Specification

Micromax In 2C launched in India with Unisoc T610 SoC and 5000mAh battery

Micromax has introduced the In 2C in India. It is a budget entrant priced at ₹8,499 and comes with a Unisoc T610 processor, Android 11 software, a 5000mAh battery, an 8MP main camera, and HD+ display.

Micromax , Icromax-in-2c ,