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India's role in Apple's success: The story behind Rs 1 trn iPhone exports

Business Standard LogoBusiness Standard4h ago

India's role in Apple's success: The story behind Rs 1 trn iPhone exports - Business Standard

Quick Summary:

Many of its vendors are expected to participate in the forthcoming electronics components incentive scheme, according to government and industry sources as cited by the report.

Preliminary data shows that of the $12.8 billion in exports, Foxconn (Hon Hai) accounted for 54 per cent, Tata Electronics for 29 per cent, and Pegatron for 17 per cent.

These components, which account for around 50 per cent of the cost of a mobile phone or laptop, are expected to be included in the upcoming incentive scheme.Trump 2.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 10:52:38 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 628 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25097668

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 192 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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