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 ...
31 Dec, 2023, 11.58 PM IST
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...
26 Dec, 2023, 12.46 AM IST
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...
11 Sep, 2023, 06.11 AM IST
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...
05 Apr, 2023, 11.39 AM IST
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.
05 Apr, 2023, 06.11 AM IST
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...
01 Jan, 2023, 04.48 PM IST
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 ...
28 Sep, 2022, 02.38 PM IST
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...
16 Aug, 2022, 12.59 PM IST
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...
31 May, 2022, 09.52 AM IST
Boat leads neckband market with 25.7% in Q1 in India: ReportBoat captured the first position due to its significant presence.
28 May, 2022, 04.55 PM IST
A $300-billion electronic manufacturing powerhouse: Has the Budget done enough?For a sector that aspires to be a $300-billion electronics manufacturing powerhouse by 2026, the measures seemed to be in sync with such am...
02 Feb, 2022, 03.34 PM IST
Customs duty exemptions on 350 items withdrawn to push 'Make in India'A comprehensive review of customs duty exemption on capital goods and project imports undertaken and more than 40 customs exemptions to be ...
02 Feb, 2022, 03.34 PM IST
Xiaomi India says actively working to localise manufacturing of wearables and hearables"The initiatives aimed at driving innovation and manufacturing are a great impetus towards aiding the boom of the electronics and telecom i...
01 Feb, 2022, 08.33 PM IST
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 ...
01 Feb, 2022, 03.45 PM IST
Prices of imported wireless hearable products to go up from next fiscalFor imported wireless hearable products, the basic custom duty has been increased from 15% to 20%. On wireless hearable components, the dut...
01 Feb, 2022, 03.16 PM IST
India plans PLI scheme for manufacturing of Wearables, AI, IoTThe sops will be in line with the PLI scheme for manufacturing of mobile phones and is aimed at capturing the huge, anticipated demand for ...
05 Jan, 2021, 04.47 AM IST
Wearable tech set to become a $54 billion industry by 2023: GlobalDataThe growing consumer market, enterprise adoption of wearable tech is increasing, thanks to activity in the healthcare, logistics, insurance...
07 Aug, 2019, 10.07 AM IST