In the pursuit of self-sufficiency in mobile phone assembly, India has witnessed a significant shift in its manufacturing landscape. Between 2014 and 2022, the nation achieved a remarkable milestone by shipping 2 billion domestically assembled smartphone and feature phones under the “Make in India” initiative, marking a CAGR of 23% during the period. This drive … [Read more…]
In a shift from its heavy reliance on China, Apple has made substantial investments in India to diversify its production chain. Those investments have already started to reflect substantially in Apple’s annual numbers. Noted analyst Ming-Chi Kuo’s report on Medium revealed that approximately 14% of the iPhone units shipped in 2023 were assembled in India, … [Read more…]
In 2023, the PC market faced both challenges and glimmers of hope. According to Gartner, worldwide PC shipments in the third quarter of 2023 experienced a 9% decrease compared to the same period in 2022. This decline marked the eighth consecutive quarter of contraction, painting a rather grim picture for the industry. In India, the … [Read more…]