Technology Exports News - Latest Updates & Headlines
Smartphones overtake oil, diamonds to become India's top export in FY25
New Delhi, May 19: Smartphones have officially become India's top exported good in FY25, overtaking traditional heavyweights like petroleum products and cut diamonds, as per latest government figures.
Apple likely to manufacture iPhones worth Rs 3.36 lakh crore in India by FY26
New Delhi, May 5: Apple is expected to ramp up its iPhone production in India to nearly $40 billion (about Rs 3,36,000 crore) by the end of FY26, as the tech giant continues to shift its global supply chain away from China amid growing geopolitical tensions and trade tariffs.
US exemption on electronics: India has clear tariff edge over China
New Delhi, April 13: Industry leaders and experts on Sunday welcomed the Donald Trump administration's decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs -- a move which has given India a definitive edge over China.
India cruising towards $300 billion electronics production by 2026: Centre
New Delhi, March 26: India, which is the second-largest mobile phone producer in the world, is all set to reach $300 billion in electronics production by 2026, driven by the 'Make in India' and the production-linked incentive (PLI) scheme, the Centre said on Wednesday.
Apple set to soon start production of AirPods in India for exports
New Delhi, March 16: In a fillip to the 'Make in India' initiative, Apple is set to start the local production of AirPods for exports in the country -- its second product category after iPhones which have become a mega success due to the production-linked incentive (PLI) scheme.
South Korea's exports rebound to $52.6 bn in Feb on automobiles, computers
Seoul, March 1: South Korea's exports increased 1 per cent last month from a year earlier, rebounding from a decrease the previous month, thanks to an increase in overseas sales of computers and automobiles, data showed on Saturday.
PLI boost: India exporting high-end electronics now, says Ashwini Vaishnaw
New Delhi, Feb 28: India is making significant strides in the electronics sector as the country begins exporting high-end electronic components to global manufacturing hubs, Union Minister for Railways, Electronics and IT, Ashwini Vaishnaw said on Friday.