INDIAN GOVERNMENT APPROVES PLI SCHEME FOR 16 COMPANIES

HIGHLIGHTS

• Indian government has considered 16 companies eligible for PLI Scheme.
• Under this scheme, the government will give 4-6% incentive to eligible electronic companies on incremental sales of goods manufactured by them.
• The products i...

EXPORT ORDERS TOTALLING $100 BILLION DROPS INTO MOBILE PLAYERS KITTY

• Written pleas by iPhone on-contract-to hire makers Pegatron, Foxconn and Wistron and Karbonn, Samsung and Lava and Dixon to execute mobile phones orders worth around $100 billion from India have been permitted by the instituted group.
• The instituted  committee has approved...

TAIWAN’S DISCORD WITH CHINA REROUTES BUSINESS TO INDIAN FIRMS

• Taiwan’s tech manufacturers are looking beyond China. 
• They want to stabilize chains by expanding in India.

This some say is at the insistence of Apple. There is a growing camaraderie between India and Taiwan with both maintaining cordial relations ...

INDIA’S PLI TEMPTS APPLE: MOVES PRODUCTION LINES TO INDIA FROM CHINA

Highlights:

•    Apple have started assembling iPhone 11s in India

•    Government of India’s incentive will save Apple 22% on imports

iPhone maker Apple has moved some of its business to India. The business in Indian sha...

APPLE TO COMMENCE 2020 iPHONE SE PRODUCTION IN INDIA SOON: REPORTS

Highlights

• As per the reports, Apple has asked one of its suppliers in China to ship components for the 2020 iPhone SE to India

• In the period between March 2018 and March, AppleInsider reported sale of $1.5 billion for Apple India

• The Indian gove...

APPLE LOOKS TO SHIFT A PART OF iPHONE PRODUCTION FROM CHINA TO INDIA

Highlights

• Apple may shift one fifth of its production to India

• Apple will ask its contractors, Foxconn and Wistron to produce smartphones worth $40 billion in India

Technology giant Apple Inc. is planning to move nearly 20 percent of its production cap...