Apple India recently filed a revised application for opening its fully-owned outlets in India, foregoing the 30% sourcing norm. The application is being examined by the DIPP.
Lenovo will ramp up device launches to about 20 this year, increase marketing spend and double ground-level staff at retail outlets to sustain its position in an intensely competitive market.
It offers services to mid-sized companies and has a large customer base in the real estate sector. It also plans to increase share from the enterprise side of the market.
Xiaomi’s president Bin Lin told ET that he will be spending a lot more time in India, underlining the South Asian nation’s importance amid challenges in China.
Apple headquarters has still not communicated the game plan for the new iPhone to its India team, but trade partners expect launch in the first phase in India.
Such a move would be crucial for financially stressed telcos to raise funds for the upcoming spectrum auctions expected in June or July.
Consumer research company Nielsen has acquired Mumbai-based mobile usage measurer Informate Mobile Intelligence for an undisclosed amount.
Payments, which earlier used to take weeks, will now be instantaneous, a move that the company said will help attract more sales representatives to sell Lenovo’s tablets, laptops, desktop computers and servers to businesses.
Gurgaon-based company Adit Infratel to begin battery manufacturing after favourable Budget proposals
The company has an existing plant in Parwanoo, Himachal Pradesh where it makes at 35,000 mobile batteries, 25,000 mobile chargers and 4,000 power banks per day, mostly for after sales consumption.
With smartphone adoption growing, Informate’s knowledge and assets in the mobile space play a key role in enabling Nielsen to get to Total Audience internationally.
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