Indian experts visited India to attend the Supply Chain Summit held in Taipie. FDI inflow in India's computer software and hardware sector slowed for the past quarters.
India tech guru expects huge room for Taiwan-India cooperation
Ajai Chowdhry, co-founder of HCL and chairman of EPIC foundation, said at the DIGITIMES Supply Chain Summit 2023 held in Taipei that India plays a pivotal role in the context of China+1, adding that companies around the world are reconsidering their supply chain strategies.
India postponed localization deadlines for EV charger components
According to a notification on November 7, the Ministry of Heavy Industries of India updated the phased manufacturing program for EV public charging stations for eligibility under FAME-II, with the localization deadlines for some components postponed from July 2022 to December 2024.
Indian FDI inflow in IT software and hardware experiences sharp drop
According to official data, FDI inflow in the computer software and hardware sector in India dropped for consecutive five-quarters since the April-June quarter in 2022 and has been surpassed by the services sector since the October-December quarter of the year, underscoring global and local factors that led to a waning attractiveness in India's computer software and hardware sector.
Indian wearable market surges amidst intense competition
According to IDC data, wearable vendors shipped a record 48.1 million units in India in the third quarter of 2023, up 29.2% year-on-year and another quarter for the market to experience double-digit growth.
India handset ecosystem argues against D2M support in mobile devices
India is inviting industry views on mandating direct-to-mobile technology support for various mobile devices. ICEA, representing the entire mobile ecosystem in India, argued against the policy, saying the technology is not globally proven and mandating the technology support may increase device costs and harm domestic manufacturing.
iPad leads India tablet market in 3Q23
According to CMR, India's tablet shipment rose by 41% quarter-on-quarter in the third quarter. Apple, with a 26% market share, led the market. Tablet shipments for Samsung dropped by 32% from a year ago, with market share at 21% in the quarter. Lenovo, the leader in India's tablet market in 2022, ranked third with a 20% market share. Meanwhile, shipments of Xiaomi and Realme, which ranked fourth and fifth, grew by 98% and 86% year-on-year.