Dixon Technologies, are on course to miss out on the benefits of the government's smartphone production-linked incentive (PLI) scheme, which concludes in FY26. Home-grown manufacturers like Bhagwati (Micromax), Lava, and Optiemus Electronics are unlikely to meet the eligibility criteria, signaling a missed opportunity for India's indigenous smartphone sector. Among domestic manufacturers, only UTL Neolyncs - which produces Karbonn and Jio phones - has managed to claim incentives under the scheme, and that too for just a year or two, according to industry sources.
Esta historia es de la edición December 21, 2024 de Financial Express Chennai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 21, 2024 de Financial Express Chennai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Axis Bank stock sinks 6% on weak Q3 show
Stocks hit 52-week low; brokerages slash price targets
Oil prices edge lower amid more supply concerns
OIL PRICES EDGED lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.
Rajnath Calls for Stronger Offense and Defence
INDIA'S OFFENSIVE AND defensive responses need to be further strengthened in view of turmoil in the rules-based global order, defence minister Rajnath Singh has said.
Quad meet with India on the table day after Trump takes office
● Secy of State nominee Rubio had faulted Obama govt for neglecting India-US ties
Will Not Attend Trump Inaugural, Says Nvidia CEO
Nvidia's Chief Executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road\" celebrating the Lunar New Year with employees and their families.
Forex reserves fall to lowest in 10 months
INDIA'S FOREIGN EXCHANGE reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of January 10, data from the Reserve Bank of India showed on Friday.
TechM logs 21% fall in Q3 profit
TECH MAHINDRA ON Friday logged a 21.36% sequential decline in its net profit due to a higher base reported in the previous quarter, that came from a one-time special income from sale of assets.
Mercedes-Benz showcases electric vision
THERE ARE LUXURY cars, and then there is Mercedes-Benz – true to its legacy, India’s largest luxury carmaker focused on top-end vehicles (or TEVs, those priced more than ₹1.5 crore).
Retrospective on first year back
THERE'S NO SHORTAGE OF DOWNSIDE RISKS FOR 2025, BUT DON'T EXPECT SUPPORTERS TO TURN ON HIM
ICICI Lombard Q3 net profit surges 68% to ₹724 crore
ICICI Lombard General Insurance on Friday posted a 68% year-on-year increase in its third-quarter net profit at ₹724 crore.
