China’s recent export restrictions on key rare earth elements have severely impacted India’s audio electronics industry, particularly the supply of NdFeB magnets used in devices like speakers, smartphones, and wearables. According to Electronics Industries Association of India (ELCINA), over 21,000 jobs are at risk as manufacturers face rising costs, production...
In the dynamic landscape of consumer technology in India, the first half of 2023 has brought about a noteworthy shift. Even though there has been a minor 4% decrease in smartphone sales, their worth has risen by an impressive 12%. This implies that consumers are gravitating towards high-end devices. What’s...
A collaborative study conducted by the India Cellular & Electronics Association (ICEA) and Accenture, titled “Pathways to Circular Economy in Indian Electronics Sector,” has highlighted that there exists a substantial prospect to generate $7 billion in revenue within India’s electronics sector by 2035 through the adoption of circular business models....
Pankaj Mohindroo, Chairman, India Cellular & Electronics Association (ICEA), elaborates on how Indian cellphone industry catapulted itself to being the second largest in the world. He also discusses how the industry is planning its progress towards an ‘audacious’ target of US$ 110 billion of mobile phone exports from the current...
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