Welcoming the Narendra Modi cabinet’s decision to ease the 30 per cent local sourcing norm in single-brand retail (SBRT), Apple on Thursday said it looks forward to welcoming customers at its first branded retail store in India soon. In a statement shared with , the Cupertino-based iPhone maker said it appreciates the support and hard …
Chinese manufacturer Vivo plans to pump in Rs 7,500 crore over the next few years to sharply expand production capacity in the country, initially for the domestic market and later for exports, a top executive said. This is one of the largest investments into manufacturing by a smartphone maker. “We foresee India being an important …
Raghu Reddy, head of categories and online sales for India’s leading smartphone company Xiaomi, is unfazed by the slowdown that has gripped the consumer goods market. His confidence is not unfounded. Smartphone shipments grew by 10 per cent during the April-June quarter to reach 37 million units, the highest for the quarter. June quarter growth is traditionally …
With the economic slowdown starting to show its impact, several industries in India are feeling the strain. This brings us to the key question, will Indian consumers put off buying smartphones, therefore hitting the market altogether? It’s interesting to see differing opinions, but with the festive period closing in, most brands are optimistic of continuing …
Ever since Samsung launched the Galaxy Note 10, the company has been facing a lot of backlash over lack of incremental upgrades. But Ranjivit Singh, Senior Vice President and Chief Marketing Officer, Samsung India, says the company is focusing on those features that will enhance the user experience and adds some value. “The fact that …
India’s telecom regulator has begun a review of the broadcast tariff regime it implemented eight months ago to address complaints from viewers about higher bills and picking the channels they want to watch becoming more difficult. The review is aimed at easing channel choice and will possibly lead to lower bills, some experts said. The …
The National Payments Corp. of India is reviewing an audit report to ensure WhatsApp complies with local rules. “We have received the data localization compliance system audit report from WhatsApp, which shall be reviewed in the next few weeks,” a Mumbai-based representative for NCPI said, according to Bloomberg. The review will determine if and when WhatsApp can enter the country’s …
Not so long ago, India was off the radar for the famous FAANG group of tech giants who have disrupted the way billions of people communicate, connect, shop and entertain globally. Today, the famous five — Facebook, Apple, Amazon, Netflix and Google — are fighting for space in the “mobile first” Indian market where digitisation …
Xiaomi may well be looking at killing its newly created sub-brand Poco, say analysts, with one of the top executives responsible for its development quitting amid the Chinese handset maker’s renewed push on the mid-to-premium price segment through newly created sub-brand Redmi. This price segment was previously catered through the Poco sub-brand. Speaking to ET, Xiaomi’s India head …
Chasing 15 seconds of fame, millions of Indians are hooked to TikTok and the success of the Chinese short video-sharing app — despite controversies and calls for regulation — has forced major digital giants to incorporate short videos on their own platforms. TikTok is available in 150 markets, in 75 languages and has more than 700 million …