Mahindra & Mahindra, one of the big automobile companies, has increased its share in the Sports Utility Vehicle (SUV) segment. The company plans to launch Electric Vehicles (EV) in the international market as well. It has distribution network in many countries. The company can benefit from this in EV business. Executive Director of Mahindra &…
Royal Enfield, a manufacturer of powerful motorcycles, will launch its electric motorcycle Flying Flea soon. The company has tied up with semiconductor maker Qualcomm for Flying Flea. Qualcomm’s Snapdragon QWM2290 chip will be used in this electric motorcycle. Royal Enfield has launched a separate brand for electric motorcycles, Flying Flea. In the ongoing Consumer Electronics…
American devices maker Apple’s supplier Foxconn has demanded billions of rupees of outstanding subsidy from the central government under the Production-Linked Incentive Scheme. The government had launched a scheme of more than Rs 41,200 crore to increase electronics manufacturing. Manufacturers were given subsidy in this. Bloomberg’s Report Quoting sources having knowledge of this matter, it…
From next year, companies will have to take re-approval from the central government to import laptops and tablets in the country. Guidelines for this will be issued soon. Import management system was started in the country about two years ago. In this, companies have to register the quantity and value of their laptops and tablets…
MG Motor, which is rapidly increasing its share in the electric vehicles (EV) market, is preparing to launch a new EV in the country. The company will present the electric M9 MPV at the Bharat Mobility Global Expo to be held next week. Along with this, the company’s electric sports car Cyberster will also be…
Ola Electric, one of the big electric two-wheeler companies, is facing difficulties due to a large number of complaints from customers regarding deficiencies in service. The Central Consumer Protection Authority (CCPA) has again sought information in this regard from the company. Last month also CCPA Ola Electric Had sent a letter asking for this information….
American devices maker Apple plans to launch a MacBook with an all-glass display. It can replace hardware based keyboard. It is likely to be similar to Asus’ Zenbook Duo OLED. Shaker module can also be provided in it which will generate low frequency audio. This is not the first time that Apple There has been…
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,…
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…