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APPLE PLI SCHEME
Tata Electronics boosts headcount to 75,000Tata Electronics has significantly expanded its workforce to 75,000, surpassing Foxconn and becoming Apple's largest contract manufacturer ...- Smartphones emerge as India's export champions in FY26India's electronics exports saw a significant 24% rise in the last fiscal year. Smartphones led this growth, with exports climbing nearly 2...
- India turns the tables on China: The great supply chain flip beginsIndia's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are expor...
- TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
- India's Apple component exports to China surge to record $2.5 billion under ECMS schemeIndia's electronics exports to China are experiencing a significant surge. Apple's component manufacturing scheme is driving this growth. I...
- Government likely to roll out mobile PLI 2.0 with outlay of over $5 billion by MayIndia is set to introduce a new production-linked incentive scheme for mobile phone exports by May. This initiative will have an outlay exc...
- PLI 2.0 calls ring louder: India eyes 35% global mobile output; $130 billion productionIndia's electronics sector is set to significantly boost global mobile phone production. A new production-linked incentive scheme aims to a...
- Smartphone PLI surpasses targets, turns out to be right call for IndiaThe fiscal stimulus under the production-linked incentive (PLI) scheme for smartphones is likely to be around Rs 21,000 crore for the FY21-...
- Apple AmPLIfied! India ships out iPhones worth $50 billion till December 2025Apple Inc. has achieved a significant milestone. Through its Indian vendors, the company exported iPhones worth a record $50 billion by Dec...
- Bumper Apple crop! India’s iPhone exports pass Rs 1 lk crApple has reached over ₹1 lakh crore in iPhone exports from India in 2024. Exports hit a record $12.8 billion, up 42% from the previous yea...
- Apple's iPhone production touches $10 bn mark in India. Courtesy, PLIApple achieved $10 billion in iPhone production in India during April-October 2024. $7 billion worth of iPhones were exported. This represe...
- International calls for iPhones made in India ring louder; Apple may hit Rs 1 lakh cr export mark in FY25Apple exports a bulk of its total India production. In FY24, Apple’s total production in India touched $14 billion (Rs 1.2 lakh crore). The...
- Samsung to finally get its FY21 incentives under PLI schemeThe Indian government has cleared over ₹500 crore claims for South Korean smartphone manufacturer Samsung for the first year of the smartph...
- Behind Apple no-show: Low laptop, tablet sales in IndiaThe decision is also because Apple does not invest in manufacturing facilities itself and works with global electronic contract manufacture...
- Government may hike IT hardware PLI sops more than double to Rs 17,000 crore in new planUnder the revised package, the scheme's validity is being increased to eight years, starting April 1. But applicants may choose the startin...
- PLI boost: Apple creates 1.5 lakh direct and indirect jobs in IndiaAccording to experts, Apple locally produces 85% of the phones it sells in India. Before the introduction of the PLI scheme, it was importi...
- Apple suppliers created 50,000 direct jobs in IndiaExperts believe that Apple, through its contract manufacturers, may have become the largest provider of blue-collar jobs in India's fast-gr...
- IT hardware PLI purse may zoom 2.5 times to Rs 19,000 croreAccording to a draft of the revised scheme — PLI for IT Hardware 2.0 — which is set to be circulated to major stakeholders for feedback, th...
- PLI boom: ₹47,000 crore of iPhones likely to be made in IndiaExpected production for FY23 is also more than twice the requirement for the iPhone makers together to qualify for incentives for the secon...
- Mobile makers invest Rs 1,300 crore under PLI Scheme in 2020 Dec qtr: GovtThree companies -- Foxconn Hon Hai, Wistron and Pegatron -- are contract manufacturers for Apple iPhones. Apple and Samsung account for 37 ...
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