Almost three years ahead of schedule, Samsung has already begun exporting India-made phones to a few countries owing to its fully exhausted existing capacity. Therefore, outsourcing production is a viable option in order to meet the high demand.
The organised trade are now joining hands with smaller retailers who say it’s going to be a “Black Diwali”.
The Confederation of All India Traders and the All India Mobile Retailers Association on Sunday alleged that brands are in league with ecommerce marketplaces to offer deeper discounts. CAIT said this was in violation of the Competition Act
Govt looking beyond mobile phones manufacturing, seeks inputs for MSIPS-like incentive package. MSIP scheme provides multiple incentives tax holiday for certain years, capital subsidy and reimbursement of central taxes and duties.
The 3rd edition of the IMC got cold response from the device makers with 5G ready smartphones for India. Handset makers like Oppo, Vivo, Xiaomi and LG showcased a 5G device each, but these devices are only available in the US or China.
Handset makers with 5G ready smartphones gave it a miss for IMC third edition as they believe India is still some time away from being 5G ready. Telecom secretary tried to play down the absence of device players saying there was a timing mismatch
After the price war shrunk the industry into three non-state players from eight, with two going out of business, the DoT is considering a reform package to the telecom sector to help its revival, which may include longer spectrum payment periods.
"The concept of points of interconnect and interconnection are related to 2G, its outdated," said Mathew Oommen, president, Jio.
IT Minister Ravi Shankar Prasad, who also handles the portfolios of law and justice, added that the next spectrum auctions will be held within this financial year.
Sector watchers said that besides existing large enterprises in telecom, traditional industries such as FMCG and manufacturing.
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