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SMARTPHONE PLI REVENUE
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Competition heats up in India’s smartphone manufacturing sector as PLI winds downIndia's Android smartphone manufacturing is heating up. As a key government scheme concludes, companies are competing fiercely on price. Br...
- Dixon Tech shares jump 6% despite weak Q4 results. Do Goldman Sachs, Motilal Oswal forecast further upside?Dixon Technologies' shares saw a rally despite a 36% drop in March quarter net profit. Revenue from operations increased by 2% year-on-year...
- Dixon Tech Q4 profit falls 36% despite revenue growth and expansion plansDixon Technologies reported a sharp decline in quarterly profit due to weak consumer demand, rising component costs, and the end of PLI ben...
- Tata Electronics aims to be $30 billion business with fab play: CEO & MD Randhir ThakurTata Electronics is rapidly expanding its semiconductor and electronics manufacturing operations. The company has achieved significant reve...
- 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...
- Dixon Technologies Q3 profit hit by smartphone slowdown as mobile revenues slideDixon Technologies reported a sharp Q3 slowdown as mobile segment revenues fell 27% and operating profit dropped 26% amid weak smartphone d...
- Samsung plans India tech and manufacturing hub under PLI schemeSamsung is ramping up its operations in India, strategically applying for incentives on component production and pursuing an extension of i...
- Smartphones may contribute over ₹3 lakh cr in taxes during PLI yearsIndia's smartphone industry projects over ₹65,000 crore in GST this fiscal, following ₹2.45 lakh crore during the PLI scheme's initial phas...
- Dixon aims to boost exports, margin post closure of PLI scheme, says MD Atul LallDixon Technologies anticipates that increased exports and backward integration will compensate for any potential decline in margins and vol...
- 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...
- Smartphone PLI revenue rings louder; 19x revenue boost for government in 4 yearsIndia's smartphone production-linked incentive (PLI) scheme has generated 19 times its investment, yielding ₹1.10 lakh crore in revenue for...
- Motorola plans to double exports from India"North America is our primary export market from India. Currently, we have been exporting 20-25% of our capacity to North America, and ever...
- 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...
- Mobile GST hike gives government more than PLI outlay: Industry ExecutivesIn fact, the five-year smartphone PLI scheme will leave a revenue surplus of ₹11,000 crore if only the Centre's GST (goods and services tax...
- 'Samsung aims to strengthen top position in 2023 with 5G-first approach, affordability plans'“It will be a 5G-first approach for Samsung this year. We are starting (our launches) much ahead of time,” said Raju Pullan, senior vice pr...
- Will firms leave India once the PLI scheme phases out? 4 reasons why they won'tPLI for large-scale electronics manufacturing provides incentives on incremental revenue contingent to incremental investment and steep rev...
- Lava begins manufacturing Nokia smartphones; in talks with telcosLava is actively looking for western companies as part of its push into contract manufacturing. It has been working with US companies like ...
- Coming Soon: A Rs 45,000 crore fund to push electronics manufacturingGovt is readying a Rs 45,000-crore fund to ensure big firms bring their global supply chains to India.
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