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Posted in Economy

Mobile GST hike gives government more than PLI outlay: Industry Executives

The incremental GST of 6% on mobile phones has raked in ₹42,897 crore over the last three financial years, topping the nearly ₹39,000-crore outlay of…

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Apple India manufacturing: Apple triples India iPhone output to $7 billion in FY23
Posted in Economy

Apple India manufacturing: Apple triples India iPhone output to $7 billion in FY23

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a…

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India manufacturing: MeitY forms task force to make India 'product developer and manufacturing nation'
Posted in Economy

India manufacturing: MeitY forms task force to make India ‘product developer and manufacturing nation’

The Ministry of Electronics and Information Technology (MeitY) has constituted a nine-member task force to make India a ‘product developer and manufacturing nation’, marking another…

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iPhone manufacturing: India's iPhone economy: Where it stands, where it's headed
Posted in Economy

iPhone manufacturing: India’s iPhone economy: Where it stands, where it’s headed

A reversal of sorts has hit the celebratory narrative that erupted yesterday when it was reported that Apple Inc. partner Foxconn Technology Group would invest…

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