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Apple iPhone seen doubling its India market share despite pandemic lull

Apple iPhone seen doubling its India market share despite pandemic lull SECTIONS Share Synopsis Apple iPhone is likely to double its market share in India from 2% in 2020 to 4% in 2021 despite a dip in smartphone sales in April-June due to the second wave of the Covid-19 pandemic, experts say. ETtech The demand for Apple iPhones is likely to outpace that of rivals as buyers of premium smartphones are generally unaffected by the economic impact of a pandemic. New Delhi: The Apple iPhone is likely to double its market share in India this year, despite a dip in smartphone sales in the April-June quarter due to the second wave of the pandemic.

smartphone prices: Lower discounts, lesser offers on smartphones likely this year amid supply shortages

smartphone prices: Lower discounts, lesser offers on smartphones likely this year amid supply shortages
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PLI in IT hardware to help India become global manufacturing hub

PLI in IT hardware to help India become global manufacturing hub PLI in IT hardware: The government is also estimating production worth Rs 3.26 lakh crore and exports worth Rs 2.45 lakh crore in four years Nidhi Singal | February 25, 2021 | Updated 12:53 IST Govt approves Rs 7,350 crore PLI scheme for IT hardware Amid huge reliance on imports for IT hardware including laptops, tablets, all-in-one PCs, and servers, the union cabinet has approved production link incentive for IT hardware products. The total cost of the proposed scheme is pegged to be approximately Rs 7,350 crore over four years. PLI for IT Hardware products will be a game-changer for the electronic manufacturing industry. The scheme will help in generating more value add in the country and exports too. We hope to see a strong electronic component chain also developing alongside with the help of these schemes, says Manish Sharma, Chairman, FICCI Electronics and White Goods Manufacturing Committee.

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