India's smartphone market shipped 32 million units in the first quarter of 2025, marking a 5.5% year-over-year decline, according to IDC. This is the second consecutive quarter of reduced shipments, driven by weak consumer demand and excess inventory from the fourth quarter of 2024
Tesla is exploring land parcels in Satara, Maharashtra, to establish a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official told Business Standard. The move comes after negotiations with Hyderabad-based Megha Engineering failed. Tesla is now in talks with another Indian firm for a joint venture to acquire land and set up the CKD unit, which involves assembling imported vehicle parts locally to reduce import duties
Recent escalations in the India-Pakistan conflict have ignited intense aerial skirmishes, marked not only by modern fighter jets but also by sustained drone assaults. Contrary to earlier industry forecasts anticipating a cooling drone market as conflicts in Ukraine and the Middle East wane, the emergence of this new frontline has sustained strong demand for drones, especially attack models
According to the Economic Times, PTI, and Outlook Business, Dixon Technologies, an Indian electronics manufacturing giant, has signed an agreement with NxtCell India Private Ltd. to produce smartphones for the French brand Alcatel, marking the brand's return to the Indian market after seven years. The partnership, announced on Friday, will see Dixon's subsidiary, Padget Electronics, commence manufacturing within the next 12-18 months, with initial production expected to roll out in 8-10 weeks
Tata Electronics plans to double iPhone enclosure production at its Hosur facility to support Apple's September launches, according to sources who spoke with The Economic Times. The move comes as Apple deepens its manufacturing footprint in India, with the plant now restored to pre-fire capacity after a setback in September 2024
Apple's 'Make in India' journey is expected to be a rocky one despite rising number of suppliers there. South Korean electronics manufacturers are keeping a close eye on the India-Pakistan tension
According to CNBC-TV18, KNN Today, and Money Control, South Korean conglomerate LG Electronics will establish a large-scale manufacturing facility in Sri City, Andhra Pradesh, with an investment of over INR50 billion (approx. US$589.5 million)
For the first time in six years, military tensions between India and Pakistan have escalated. Amid this, South Korean tech giants Samsung Electronics and LG Electronics, with factories in India, are closely monitoring the situation
India's startup journey has long been driven by software-led growth, with thousands of ventures building SaaS tools, consumer apps, and IT platforms. But now, a quiet shift is underway
Despite surpassing analysts' forecasts for both revenue and profit in its fiscal second quarter, Apple CEO Tim Cook expressed caution about the months ahead, citing growing uncertainty from US-China trade tensions and tariff risks. In response, Apple is accelerating efforts to diversify its manufacturing base, working closely with partners like Foxconn to shift more production to India and Vietnam
According to Nikkei, Japanese semiconductor materials maker Fujifilm reportedly plans to set up a factory in Gujarat, India, aiming to start production by 2028. The company expects to acquire land by 2025 and begin construction in 2026, with several billion Japanese yen investment. The plant will produce chemicals for semiconductor processing and developer solutions, initially supplying Tata Electronics, part of the Tata Group, which is building a semiconductor fab in Gujarat with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC)
According to a report by Nikkan Kogyo Shimbun, the number of Japanese companies investing in India has shown significant growth over the past decade, particularly following key government initiatives aimed at boosting local manufacturing
Tata Electronics is negotiating to onboard Dutch semiconductor firm NXP Semiconductors as a customer for its upcoming fabrication plant in Gujarat and Outsourced Semiconductor Assembly and Test (OSAT) facility in Assam, according to sources cited by The Economic Times
Apple supplier Jabil plans to boost AirPods enclosure production in India by adding a second facility in Tamil Nadu. The move supports Apple's efforts to diversify its supply chain beyond China amid rising trade tensions and highlights India's growing role in Apple's manufacturing strategy
According to Counterpoint, India's smartphone market experienced a 7% year-over-year shipment decline in the first quarter of 2025, impacted by high inventory levels and fewer product launches. MediaTek led the chipset market with a 45% share, while Apple gained momentum in the premium segment, reflecting stronger demand for high-end devices despite cautious consumer sentiment