Recently, Prime Minister Narendra Modi met over 40 CEOs across broad swathes of industry, ranging from makers of mobile devices, auto components, food products to telecom networking equipment and pharmaceuticals. The agenda: To discuss how to make India an integral part of the global supply chain. The focus of the discussion would be the much touted yet not so well understood production-linked incentive scheme (PLI), the centrepiece of the government's drive to massively boost the manufacturing sector. To do so, the government has created a war chest of over Rs 197,000 crore to be paid out as incentives to over 14 industries in five years. There are three objectives to the scheme, two explicitly stated, one implied.
Bullish on the Indian market, Japanese companies dealing in consumer durables are all set to strengthen their presence in India by targeting niche categories and expanding their reach to tier-2 markets. The Rs 25,000-crore consumer durables market in India is currently dominated by Korean companies -- LG and Samsung.
Your weekly round-up of the top tech news.
Loading an app required the watch to pull tremendous amounts of data from iPhones.
Used smartphones are gaining popularity in the hinterland, the main market for JioPhone. Share of JioPhone in the feature phone market had shrunk from 47% in Q2 of 2018 to 28% a year after.
If you have a budget of just under Rs 50,000, usher in the New Year with these beauties.
According to CyberMedia Research, over 7.46 lakh tablets were sold in the January-March 2014 quarter by as many as 30 domestic and international vendors.
In what could give jitters to players like Nokia, Samsung and other such stables, Bharti on Sunday announced its entry into the fast-growing mobile handset business.
The 19 inches LED TV is equipped with latest features and weighs around 3.5 kgs, the company said in a statement.
LG, Samsung have put their stamp of leadership on the electronic goods market with good customer care & high-end technology.
French hacker Elliot Alderson had earlier pointed out UIDAI helpline (1800-300-1947) could just be "the tip of the iceberg", hinting there could be additional data or trackers on Indian phone manufacturers' devices.
Industry body to write to commerce ministry, seek regulation for e-tailers.
Google is followed by Sony India who won the runner-up position.
The Honor 9 Lite sports a premium glass design, dual-camera set-ups on the front and rear, and a futuristic 18:9 aspect ratio screen at a starting price of Rs 10,999, says Khalid Anzar
Recent data has shown that turnover of large multi-national companies exceeds the GDP of small countries. Take the Rediff Business Quiz and find out how much you know about some of the biggest multi-national companies.
Bullish on the Indian market, Japanese consumer durables company Panasonic said on Thursday it was ready to increase investments in the country and line up new products.
It was not immediately known how many jobs the proposed new plants would eventually create.
Mods let Lenovo fight the features battle with premium players like Apple and Samsung and keep the price of the phone low, thereby drawing in aspirational customers who can't afford high-priced feature-rich handsets.
For a budget phone, the camera becomes a crucial variable in distinguishing itself from its competitors, says Khalid Anzar.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
Reliance Jio test launched its services last December, but dates for commercial launch has not been announced.
FIFA World Cup revs up television sales in India
Mobile devices are now enabling people to network on the move. Users are logging on to popular social networking sites like Facebook, Orkut and Twitter using the general packet radio service technology on their mobile phones to stay in touch with their friends and acquaintances.
This festive season is expected to be a happy one for consumer durables companies, with most expecting to clock a sales growth of 40 per cent - double the amount achieved last year.
It is not without reason that Japanese consumer electronics companies such as Sony, Panasonic, Hitachi, Daikin and Sharp are investing significant sums in India.
With the world of technology evolving at a rapid pace, 2014 witnessed a sea change in terms of the gadgets that arrived to the party.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Microsoft has launched the Lumia 830, 735 and 730, priced at 330 euros (about Rs 26,190), 219 euros (about Rs 17,370) and 199 euros (about Rs 15,800), respectively, as it tries to build on its acquisition of Nokia's mobile division earlier this year.
Stephen Elop, the former Nokia CEO who now runs Microsoft's devices business, showed off the phone in front of thousands at the company's annual employee meeting in Seattle on Monday.
OnePlus announces plans to make in India
Ten companies, including Apple, LG, Nokia, Samsung and Sony Ericsson, have submitted a memorandum of understanding to the European Commission, pledging to start making phones that can be charged using a single charger. The manufacturers will adopt the Micro USB connector across all their devices from next year, meaning that dozens of different handsets can be charged using a single plug.
Once the darling of consumers, the April-June sales figure for Apple is a historic low. This has coincided with Chinese player OnePlus taking top spot in premium smartphones with a share of 40 per cent and Samsung slipping to second position at 34 per cent in April-June.
Chinese equipment contracts had been given by many public sector undertakings and government companies for their networks, even in sensitive places such as the north east.
The company, however, has not identified any of its officials despite mentioning that its employees facilitating refunds have been assigned specific login id and passwords, making it easier to identify those who processed which refunds
These five are budget-friendly yet feature rich.
The under Rs 20,000 price category is a sweet spot for the consumers, who wish to have a great smartphone, but are not willing to shell out a lot of cash to own one.
The entire series consists of the shorter format of cricket, which draws more audiences.
Customs officials have been directed to stop shipments of such phones. Industry experts expect the move to hit the sales of dual-SIM handsets, which are imported into the country by companies including Nokia, Samsung, Meridian Mobile and Spice. More importantly, this could also affect the plans to manufacture these handsets in the country. It is estimated that around 100,000 dual-SIM phones are sold in the country every month.
Airtel rolls out fourth-generation (4G) data service across 296 cities.
The offer is applicable from September 25 to October 31 and qualifies new post-paid customers across all Tata Docomo brand stores to win iPhone 5S, Samsung and HCL tablets, data packages, powerbanks, discount coupons from Jabong, among others.
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