Following a nine-month decline spanning three consecutive quarters, the wearable market in India, previously the global growth driver for wearables, contracted in 2024, primarily due to weakening demand for smartwatches
Indian Prime Minister Narendra Modi recently attended the AI Act Summit in Paris before heading to Washington for discussions with US President Donald Trump. The trip underscored India's strategic priorities in trade, AI, and energy security, offering insights into the country's evolving industrial and economic policies
Apple is ramping up its investments in India while scaling back those in Vietnam. Donald Trump and Narendra Modi met in the US as the duo tried to balance their bilateral trade
CDIL Semiconductors has announced the development and launch of India's first indigenously produced solar bypass diodes. The company states the new product is designed to improve solar panel efficiency and extend panel lifespan. Production of the diodes will take place at CDIL's Mohali facility, and the company has increased its production capacity by 25 million units
Discussions between the US and India have intensified on addressing trade imbalances, with the US raising concerns over India's tariff policies. Following meetings between the two leaders, both sides acknowledged the need for further negotiations to resolve trade disparities, although specific details of any potential agreement remain undisclosed
Dixon Technologies is scouting for senior talents for its expansion in electronics component backward integration, having recruited experts from Taiwan-based Wistron and China-based HKC, with more expected
In 2024, India's smartphone market saw a slowdown in premium device sales, with growth expected to come from low-to-mid-range models in 2025. Despite this, Apple experienced a 34% increase in iPhone shipments, breaking into the top five in the Indian market during the fourth quarter
Micron Technology has launched the bidding process to secure a construction partner for the second phase of its ATMP project, as the first phase of its Indian ATMP facility faces delays, challenging India's goal of timely producing its first domestically manufactured chip
Amid Donald Trump's repeated statements threatening tariffs on imported goods into the US, the Indian Prime Minister's visit to the US may seek to address this issue. The Indian side may attempt to resolve tensions by expanding imports from the US
With global environmental regulations becoming stricter and trade barriers rising, the recycled plastics industry is experiencing significant changes. The EU's tougher environmental standards, combined with the US's new tariffs on China and China's changing waste import and export rules, are pushing circular economy businesses to seek new production locations
US President Donald Trump's proposed new semiconductor tariffs could create an unexpected windfall for India's growing tech sector, according to industry experts
Apple is shifting its strategy by scaling back its plans to expand MacBook production in Vietnam, which was expected to ramp up in late 2024. This marks a departure from its earlier aggressive expansion approach and contrasts with its growing manufacturing focus in India, which is becoming more central to Apple's production plans
As US President Donald Trump threatens to impose tariffs on trading partners, India has lowered its basic customs duties in its latest annual budget and is reportedly reducing the agriculture infrastructure and development cess
According to Reuters, India is set to review import tariffs on more than 30 items, such as luxury cars, solar cells, and chemicals. This move may increase imports from the US amid rising global trade tensions. While no timeline for the review process was provided, analysts suggest it could take several months
