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India's consumption story changes track as OTT, travel and premium phones outpace staples: ReportThe report titled "The Great Consumption Shift" said, "Indian wallet has moved from cereal to data to OTT to mobiles," highlighting how Ind...- Etailers prepare brands for business in GST 2.0 eraFlipkart and Amazon are in discussions with brands regarding the potential impact of the proposed GST reduction on demand. The ecommerce gi...
- Zetwerk, Smile in deal to set up three IT hardware factoriesContract manufacturing unicorn Zetwerk has partnered with Smile Electronics, based in Bengaluru, to launch three facilities for IT hardware...
- Zetwerk earmarks Rs 1,000 crore investments to grow its electronics businessZetwerk invests Rs 1,000 crore to boost electronic manufacturing capacity, aiming to lead in mobile phones, hearable, and wearable space. P...
- Predictions for 2024: Hear this! Wearables are poised for a boom timeIndia's electronics manufacturing saw a 24% surge in 2023, generating $18 billion in revenue. The hearables and wearables industry, driven ...
- Sales of Indian wearables & hearables brands have jumped over three times in last three fiscalsWearables and hearables are the only electronic categories in India dominated by home grown brands who together have 65-70% market share ev...
- Latest Diwali Dhamaka: Top homegrown wearable brands seeing stellar growth this festive seasonLeader in the audio category, boAt has recorded high double-digit growth during the August to October period. Co-founder Sameer Mehta said ...
- Zetwerk to make IT hardware, EV components in new forayZetwerk, which became a unicorn in 2021, is looking to invest more than Rs 1,000 crore into its consumer electronics business over the next...
- Realme is looking to expand localisation efforts in India, says Founder Sky LiChinese smartphone brand Realme plans to expand its local manufacturing in India by collaborating with domestic contract manufacturers and ...
- IT salary hikes expected to trim down to 8-10% in FY24; PhonePe’s commerce app Pincode goes liveA year after IT companies saw employee costs soaring along with the great resignation wave, salary hikes for employees are expected to cool...
- More wearables, hearables get India-made printed circuit boardsThe wearables segment has seen rapid growth, clocking 46.9% year-on-year growth in 2022 as shipments reached 100 million, as per IDC India.
- Prime Minister's vision for 2023 is mobile phone exports of Rs 1 lakh crore, says IT minister R ChandrasekharThe minister in an interview with PTI said that the government will take all the measures that are required for boosting the electronics ma...
- Bulk of wearables, hearables' India demand met from local assembly, but value addition minimal: AnalystsThe wearables segment is expected to hit shipments of 100 million units worth $3.1 billion in 2022, and grow to 140 million units and $3.6 ...
- Locally manufactured 1 mln units of various products in Q1FY23: BoatBoat said it has manufactured a record one million units of truly wireless earbuds, wireless headphones, power banks and charging cables in...
- Smart wearables demand rising despite inflationSmartwatches grew at a record 173% on-year in the first quarter of 2022, while the wireless earbuds category surged by 66% on-year during t...
- Boat leads neckband market with 25.7% in Q1 in India: ReportBoat captured the first position due to its significant presence.
- Mobile prices may not dip despite some customs concessions say analysts"The reduction in BCD (basic customs duty) on some components will give OEMs some cushion to offset increasing price of some key components...
- Concessions in customs duty to electronics manufacturing"Duty concessions being given to promote electronics manufacturing, wearables and hearables devices included. Duty concessions to parts of ...
- Realme partners Khy Electronics to make wearables in IndiaIt has also expanded the smartphone manufacturing footprint in India beyond its sister brand Oppo's Greater Noida facility for the first ti...
- Noise appoints Nicobar Design’s Utsav Malhotra as COOAs Noise COO, Utsav Malhotra will play a pivotal role in formulating and executing strategic initiatives, vision and developing a roadmap f...
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