Smartphone brand Xiaomi has announced that it is planning to invest over $15 billion into research and development (R&D) over the next five years, media reports said.
Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement.
Over 140 operators in 63 countries already run commercial 5G services, according to the Global mobile Suppliers' Association
He said that the government is looking to make India a hub of other electronic products as well with the expansion of the PLI scheme to other sectors
With supply of mobile chipsets running dry, manufacturers here are left with no option but to hike prices once again, making it the fourth round of increase in 2020
Bet on PLI scheme to beat rivals, but market sends out mixed signals
Vodafone recorded the highest speed in terms of upload in September, according to the latest data from the telecom regulator
In its September quarter preview, Emkay talks of a "stable quarter despite seasonality"
Production to get a fillip with foreign, domestic majors on board
Spectrum in E&V bands can be utilised for both high-capacity access spectrum for voice and data services as well as backhaul link spectrum.
According to the estimates of India Cellular and Electronics Association (ICEA), mobile phone companies will increase devices production in the country to around Rs 27.5 trillion
If India extends its ambitions to the export market, it could manufacture around 1,250 million handsets by 2025 and create more than 47,00,000 jobs in the process, ICEA and McKinsey said
Production of mobile phones in India during current financial year is expected to cross Rs 40,000 crore