The ongoing US-China trade war represents a seminal moment in trade history with significant promise for a clear realignment of global value chain. In July 2018, US President Donald Trump followed through on his threats, and imposed sweeping tariffs on China for its alleged unfair trade practices. The US imposed higher tariffs on US$250Bn worth …
Chinese smartphone maker Vivo has said that it will invest more in India to bring its design and research and development (R&D) centres to support its ‘make in India’ strategy, having already announced Rs 4,000 crore investment in setting up a new manufacturing plant in Uttar Pradesh that will generate 5,000 jobs in its first …
With the government’s “Make in India” push, the country witnessed the setting up of over 150 mobile handset manufacturing units in the past four years, according to a new report from CyberMedia Research (CMR). At the end of Q4 2018, CKD (completely knocked down) manufacturing stood at 57 percent while SKD (semi knocked down) manufacturing …
According to a report published by CyberMedia Research (CMR) for Q3 2018, “Make in India program is contributing to a significant rise in domestic manufacturing of mobile handsets,” and almost 94 per cent of mobile handsets sold in the country are now being manufactured domestically. Prabhu Ram, Head – Industry Intelligence Group (IIG), CMR, commenting on the …