Weekly News Updates-India Mar 8 to Mar 14, 2023

Government approves smartphone PLI incentives; Salcomp to increase its operations in India; New regulations to improve app and mobile device security; Apple reorganizing management; India has 600 million users of the open Internet; Boeing converting 737 Freighters in India

Government approves smartphone PLI incentives worth Rs. 765 crore

Under the production-linked incentive (PLI) scheme, the government has approved a further round of financial incentives totaling Rs. 765 crore for large-scale electronics production, with Wistron, Apple’s contract manufacturer, receiving the majority.

Incentives of Rs 149.63 crore would be given to Indian contract manufacturer Padget (Dixon Technologies) and Rs 601.93 crore to Wistron, according to information from the trade group India Cellular and Electronics Association (ICEA). Also, the government approved incentives for component manufacturers AT&S ($7.58 billion), Shogini ($3 billion), and Alcon Electronics (Rs2.40 crore).

Apple: Govt clears smartphone PLI incentives worth Rs 765-crore, Wistron to get Rs 601.93-crore, Telecom News, ET Telecom (indiatimes.com)

Salcomp to increase its operations in India

Salcomp Plc., the largest manufacturer of mobile phone chargers in the world and a significant supplier to Apple Inc. plans to invest up to Rs. 1,800 crore to grow its operations in India over the next two to three years. The company also plans to introduce new products like solar microinverters, hydropower electronics equipment, and electric vehicle chargers.

According to the managing director, Salcomp Manufacturing India Pvt. Ltd., Sasikumar Gendham, the company will double its staff to 25,000 in order to support its expansion objectives and is hoping to triple its sales to $3 billion by 2026. The company with its headquarters in Finland has its largest manufacturing base in India.

Salcomp obtained an agreement in 2019 to take over a facility, formerly held by Finnish telecom equipment giant Nokia, in the southern Indian city of Chennai and began operations in 2020. Salcomp presently employs over 12,000 people in Chennai, with 85% of them being women.

Salcomp to expand India ops, plans to triple sales to $3 bn | Mint (livemint.com)

Center considering new regulations to improve app and mobile device security

The government is considering a new framework to create acceptable security standards for mobile phone users in response to worries about data exploitation and surveillance by pre-installed apps.

In a tweet sent on Tuesday, the Ministry of Electronics and IT (Meity) stated that the government is working with stakeholders to achieve acceptable security standards and that mobile phone security is crucial.

An official source said the initiative was a response to concerns expressed by a number of stakeholders about the misuse of user data and spying by pre-installed apps.

Players in the mobile phone industry said that while they support the government’s efforts to check data usage, the procedure may delay the release of new phones and have an impact on pre-installed app revenue.

Govt mulling new rules to increase security of mobile phones, apps, CIO News, ET CIO (indiatimes.com)

Apple reorganizing management to give greater emphasis on India
蘋果公司重整國際業務管理階層 聚焦印度市場

India has grown to be a significant market for Apple, hence the corporation is reorganizing the management of its worldwide companies to put greater emphasis on India. India will now have its own sales region at Apple for the first time, underscoring the country’s expanding importance.

The change is taking place, according to Bloomberg sources, as a result of Hugues Asseman’s retirement as the vice president in charge of India, the Middle East, the Mediterranean, East Europe, and Africa. Apple is replacing him by promoting Ashish Chowdhary, the head of India, who will report directly to Michael Fenger, the director of product sales at the corporation.

India is becoming more important to Apple’s product development in addition to being a revenue engine for the corporation. Crucial suppliers are relocating to the region, and Apple is working with manufacturing partner Hon Hai Precision Industries Co. to create new iPhone production facilities in the country.

Apple reshuffling management to give more focus on India | Technology News – India TV (indiatvnews.com)

India presently has 600 million users of the open Internet

India now has 600 million users of the open Internet, 62 million more than the “walled gardens,” according to a survey released on Tuesday.

The open internet, which includes music streaming, general and news websites, over-the-top (OTT) and linked TV, as well as online gaming, has experienced rapid expansion in the country.

According to the study, the open internet accounts for half (52%) of the 307 hours per month that the average consumer spends using digital media. This is a departure from walled gardens like social media, platforms for user-generated content (UGC), and live game streaming. Hence, there is a range of options for individuals wishing to promote online, where they may connect with a more engaged audience.

India now has 600 mn open Internet users, 62 mn more than walled gardens | Business Standard News (business-standard.com)

Boeing considers converting 737 Freighters in India

Officials from Boeing Co. said on Friday that they will develop a plant in India to convert passenger airplanes into freight planes in order to take advantage of the growing demand for cargo around the world.

In order to meet local and international demand for the service, Boeing Co. will establish a facility in India to convert 737 passenger planes into specialized freighters.

According to Chief Strategy Officer Marc Allen, the facility would support India’s goals of becoming a major freight center and will add to Boeing’s $1 billion supply chain purchasing from India. He made no mention of the timing of the facility’s opening or the amount of the investment.

Boeing says to set up freight conversion facility in India | Mint (livemint.com)