Smartwatch shipments in India fall 32% on-year in 2Q24 as initial excitement tapers off: Counterpoint – ET Retail

NEW DELHI: The smartwatch shipments in India fell strongly by 32% year-on-year in Q2 2024 as initial excitement for such devices has started tapering off, according to the latest report released by Counterpoint Research on Monday. The research firm has also attributed the decline to persisting inventory issues, adding that consumers now look for better…

Read More

Now, Indian government wants electronics manufacturers like Apple to design more in India – Times of India

The Indian government has initiated discussions with industry associations and companies to gather insights for developing policies that will encourage electronics manufacturers, including Apple, to expand their design activities within the country, according to sources familiar with the development.The Ministry of Electronics and Information Technology (MeitY) has already conducted several meetings with industry organizations, such…

Read More