Apple's revenue in India hit nearly Rs 50,000 crore in FY23, with sales increasing 48 per cent to Rs 49,321 crore and net profit rising 76 per cent to Rs 2,229 crore fastest growth of net profit for Apple in India in the last five years. Apple Ecosystem Employed Over 1.5 Lakh People Directly Since Approval of PLI Scheme in 2021, Says MoS IT Rajeev Chandrasekhar.
The collective value of the proposals equals nearly about $22 billion, more than twice the $10 billion incentive amount that New Delhi has earmarked for the chip ecosystem.
The strategy to reach the $300 billion production of electronics from the current level of about $75 billion is built on broadening and deepening electronics manufacturing in India. Mobile Phone Manufacturing Increased to Estimated 'Rs 3,50,000 Crore' in 2022–23, Up '1,700%' in 10 Years and Exports Up '5,600%': MoS IT Rajeev Chandrasekhar.
The Indian engineers at Synopsys contribute to every aspect of the design cycle of semiconductor chips/IP Cores and participate in the success stories of all leading semiconductor companies.
Deepfakes could be subject to action under the current IT Rules, particularly Rule 3(1)(b), which mandates the removal of 12 types of content within 24 hours of receiving user complaints, said Minister of State for Electronics and IT Rajeev Chandrasekhar.