India's surprising move to require licenses for imported computers and servers brings uncertainties to vendors selling devices in the country. The Indian government reportedly refused to grant the second postponement to implementing the import restriction.
In April 2023, the United Nations declared that India had officially surpassed China in total population, making it the world's most populous country. This milestone has captured global attention, directing a spotlight onto India's market potential.
South Korea's largest automaker is poised to gain its EV presence in India. Hyundai Motor announced on August 8 that it plans to launch five EVs and increase charging infrastructure in the world's most populous country by 2032. Its engineering center in India will also conduct more mobility research to equip the company with advanced technologies.
Reliance Industries, an India-based conglomerate with businesses including energy, retail, and telecommunications, is doubling down on its renewable ventures to build a green empire consisting of solar, battery, and green hydrogen.
As data protection gains significance in the internet era, India's lower house passed the first data protection bill, which is more business-friendly for Amazon and Google than the previous one that was withdrawn.
While India is making solid strides toward developing its semiconductor manufacturing industry, more must be done on the product side to grow the ecosystem, according to Satya Gupta, president of the VLSI Society of India. Speaking to DIGITIMES Asia recently, Gupta emphasized that chip makers require a market within the country to be feasible, rather than solely depending on exports.
Amid increasing regionalization and rising protectionism, major economies worldwide are more than willing to impose export and import restriction measures on electronics and technological goods in the guise of security, with India being the latest example.
Amid Apple's rapid growth in India, India's surprising measure to restrict imports of PCs will hit Apple the most. After Micron's ATMP plan in India, more companies have shown interest in investing in India.
India has announced that licenses will be required for the imports of PCs and tablets. PC vendors told DIGITIMES that they had received the notification two weeks ago, and their financial teams are assessing the impact. Through a mix of incentives and restrictions, industry sources believe that India's approach would accelerate the development of the local PC industry, with PC vendors likely outsourcing to companies like Foxconn and Pegatron, which have local facilities in place.
India's smartphone market declined in the second quarter, and Apple recorded a 61% growth in shipments in the world's second-largest smartphone market. Analysts believe that premiumization will continue into the second half of the year.
Ahead of the once-in-a-year festive season, India surprisingly announced the imposition of imported PCs, including notebooks and tablets, a move likely to discourage the imports of Chinese-made devices and encourage locally-made IT products.
Odisha, an eastern Indian state not well-known for its electronics manufacturing capabilities, is likely to win a SiC manufacturing facility amid rising competition to woo semiconductor investments across India.
US-based International Battery Company announced an investment of US$1 billion in Karnataka as India is actively encouraging locally sourced batteries to meet rising EV demand.