Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Reports of 2018: India imported mobile components worth $13 billion

Reports of 2018: India imported mobile components worth $13 billion

New reports have revealed that last year, India imported mobile components worth $13 billion. The reports were produced by Counterpoint Research on Monday.

Reports stated that India doesn’t source too many high-value components. During 2018, the local value index of the country was 17% due to the above-citied reason. But it helped the country to save $2.5B in forex. Because of high assembly operations in India, it’s imports of mobile components shooted up to $13billlion.

The reports also stated that there has been a delay in the implementation of customs duties under phase three because the government is running behind schedule. The customs duties target motor ringer, touch panels, display assembly, cover glass assembly, etc.

The sourcing of foreign chips locally can only be done in the next four to five years. The sourcing is only possible if there is a boost in the low-valued components market and export incentives comes into effect. The sources are associated with ET.

In 2018, Reliance Jio was catching up to the government’s PMP, a manufacturing programme. Moreover, 40% of the handsets were imported.

Chinese phone makers such as OPPO, Xiaomi,and Vivo have shifted better from semi-knocked down (SKDs) to entirelyknock down units (CKDs).

Although Reliance Jio would only assemble, it intends to expand their local manufacturing operations.

The country imported half of its handsets as SKDs in 2018 while the percentage of CKDs imports wereonly 34%.



Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...