Import of laptops, tablets and personal computers in the country may be limited early next year. This will encourage device makers like Apple to increase local manufacturing. If this plan is implemented, there can be a big change in this 8-10 billion dollar industry. Reuters has quoted sources in a report saying that the central…
The smart television segment in the country is changing rapidly. Customers are emphasizing on larger screen size and technology. Avneet Singh Marwah, Founder and CEO of Super Plastronics Limited (SPPL), the leading company in this segment, in conversation with Gadgets 360’s Ankit Sharma, gave information about the company’s plans and the changes taking place in…
American devices maker Apple is facing difficulties in China, one of its big markets. China was once a major source of increase in iPhone sales for the company. However, iPhone sales have been declining in this market for the last few months. The main reason for this is the tough competition from Chinese smartphone companies…
The Central Government has given incentives in the last few years to encourage electronics manufacturing in the country. Subsidy can be given by the government for electronic component makers. Along with this, tariff on imports can also be reduced. Smartphone manufacturing companies including Apple can especially benefit from this. According to a Bloomberg News report,…
South Korean automobile company Hyundai introduced the electric version of its popular Creta SUV in India on Thursday. The company has said that this is its first electric SUV made in the country. Creta Electric will be launched at the Bharat Mobility Global Expo on January 17. This five-seater electric SUV will be available in…
BYD, one of the largest companies manufacturing electric vehicles (EV), has set a sales record last year. This Chinese company has sold about 42.5 lakh units. Elon Musk’s Tesla is facing tough competition from BYD in the international EV market. BYD has set a monthly sales record in December. The major reasons behind this are…
Ather Energy, one of the big electric two-wheeler companies, has got the green signal from market regulator SEBI to launch an Initial Public Offer (IPO). The company plans to raise around Rs 3,100 crore through stock market listing. This will include issuance of new equity shares as well as offer-for-sale of approximately 2.2 crore equity…
JSW Group, involved in business ranging from steel to energy, plans to launch its own brand for Electric Vehicles (EV). JSW Group has negotiated licensing agreements or transfer of technology with some Chinese EV companies. It plans to build a full EV company with electric cars and electric trucks. JSW Group holds about 35 percent…
The market for electric vehicles (EV) has grown rapidly in the last few years. Apart from Indian automobile companies, some international companies have also launched their models. Vietnam’s electric vehicle company Vinfast can also start business in the country soon. a media Report According to the company, it can showcase its first EV for the…
Mahindra & Mahindra, one of the major automobile companies, recently introduced Electric Vehicles (EV) BE 6 and XEV 9e. Test drives of both these EVs have started. The BE 6 and XEV 9e are likely to be showcased at the Bharat Mobility Global Expo in January. a media Report According to , BE 6 and…