A year back, Maharashtra Chief Minister Devendra Fadnavis managed to get the Taiwan firm to commit an investment of $5 billion in the state.
Industry watchers and handset makers expect a 20-30% fall in smartphone sales in the March quarter, compared to sales that typically happen.
Oppo will partner with Flipkart to launch exclusive online models starting this week, and will co-invest in branding and marketing to strengthen its position as a top player in the country.
In the last two years, Micromax has already invested in about 10 startups, including ixigo, Gaana, HealthifyMe and Scandid.
The duty proposed in the Budget will prove to be disadvantageous to the industry as it may halt potential inbound component-level investments.
The move has been undertaken in order to ‘provide adequate protection to domestic industry’, the government said, which will benefit local manufacturers of PCBs.
For brands with excess inventory, discounting is perhaps the only solution to clear out stock as several new models launch every month.
Vodafone India and Idea Cellular have common vendors across towers, network equipment, managed services and IT, which includes more than half a dozen companies.
According to sector experts, concessions to any mobile phone maker should be given not just for assembling devices locally but also value addition within country.
Cellphone seek policy support to make mobile-phone handsets cheaper in the country.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon