Government Planning to Give USD 3 Billion Incentives for Electronics Manufacturing, Apple May Get Big Benefit

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,…

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Indian Smartphone Market to Surpass More than USD 50 Billion This Year, Apple, Samsung May Get Strong Growth

The country’s smartphone market has grown rapidly in the last few years. It could be worth more than $50 billion (about Rs 4.2 lakh crore) this year. This market is expected to grow by six percent on a year-on-year basis. The trend of Indian customers has increased towards premium smartphones. Due to this, the smartphone…

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Tesla Gets Big Shock, Its Annual EV Sales Drop For First Time In Over A Decade

American electric vehicle (EV) maker Tesla’s annual sales have declined for the first time in more than a decade. Despite record deliveries in the fourth quarter, Tesla’s sales have declined. Billionaire Elon Musk’s company sold approximately 17.9 lakh vehicles last year. Challenges are increasing for EV companies. Their sales are being affected due to reduced…

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