domestic manufacturing
Electronics National News

India’s Smartwatch Shipments Surge 21% YoY, Domestic Production Hits Record High

India’s smartwatch shipments experienced a 21 per cent year-on-year (YoY) growth in the third quarter of 2023 (Q3 2023), reaching a historic high for domestic manufacturing at 82 per cent, compared to a 4 per cent a year ago, according to a Counterpoint Research report. The surge in shipments was primarily fueled by a substantial […]

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Electronics Export Manufacturing National News

India’s Smartphone Exports Soar 99.52% In April-July FY24, US Emerges As Top Destination

In the initial four months of the financial year, 2023-24 (April-July), India reported smartphone exports worth USD 4.67 billion, highlighting the United States emerging as the principal destination for India-manufactured devices, with exports skyrocketing to USD 1.67 billion during this period. According to the commerce ministry data, It is an increase from the USD 284.6 […]

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