Tata Power Solar launches rooftop solution in Delhi, Mumbai

When traditional power generation companies start talking retail solar power, it’s time to sit up and take note. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo Tata Power Solar, a subsidiary of Tata Power (one of India’s largest power generation and distribution companies),…

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When traditional power generation companies start talking retail solar power, it’s time to sit up and take note. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo Tata Power Solar, a subsidiary of Tata Power (one of India’s largest power generation and distribution companies),...

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India’s steel sector faces challenges from coronavirus, Beijing’s export incentives

Like in other countries, the outbreak of COVID- 19 and the subsequent lockdown threatens to disrupt India’s steel production. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! What’s more, there are reports coming in now that Indian steel companies will face even more competition from rivals…

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Like in other countries, the outbreak of COVID- 19 and the subsequent lockdown threatens to disrupt India’s steel production. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! What’s more, there are reports coming in now that Indian steel companies will face even more competition from rivals...

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iPhone Production in India Suspended as Population of 1.3 Billion Begins 21-Day Lockdown

Apple’s iPhone factories in India are closing temporarily, after the Indian government ordered the country’s population of 1.3 billion people to stay at home for at least three weeks in a bid to reduce the spread of coronavirus.


The factories in India have suspended production until at least April 14 following the nationwide lockdown ordered by President by Prime Minister Narendra Modi. As reported by Bloomberg:

Foxconn and Wistron Corp. have suspended production at their India plants, which include the assembly of some Apple Inc. ‌iPhone‌ models, in order to comply with a nationwide lockdown ordered by Prime Minister Narendra Modi.

Foxconn, also known as Hon Hai Precision Industry Co., is suspending operations until April 14, the company said in a text message to Bloomberg News. It intends to resume India production based on further government announcements. A Wistron representative said the company is also adhering to the order, while declining to comment on exactly what products are affected.

The 21-day lockdown was announced by Modi via a televised address to the nation on Tuesday evening. “For a few days forget what it means to go out. Today’s decision of a nationwide lockdown draws a line outside your home,” the PM said.

Wistron’s new plant in India was poised to assemble printed circuit boards (PCBs) for iPhones in April, a first for the Taiwanese contract manufacturer that will save Apple having to pay import taxes on the vital Indian smartphone component.

Wistron’s other plant, located in central Bengaluru, has been pumping out ‌‌iPhone‌‌ SE, ‌‌iPhone‌‌ 6S and ‌‌iPhone‌‌ 7 models since 2017. Wistron’s larger rival, Foxconn, began making iPhone XR models in India last year. Apple also has an office with thousands of employees in Hyderabad, working on Apple Maps data.

All of the plants and offices are likely to be impacted by the virus-fighting measures, which come into force just as Apple planned to ramp up efforts to bring online and in-store sales to customers in India for the first time.

Apple was the fastest growing premium smartphone brand in India last year with 41 percent annual growth, according to recent market research data. India also recently relaxed rules on local sourcing of components, paving the way for Apple to open an online store in India later this year and its first retail store in the country by next year.

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Apple's iPhone factories in India are closing temporarily, after the Indian government ordered the country's population of 1.3 billion people to stay at home for at least three weeks in a bid to reduce the spread of coronavirus.


The factories in India have suspended production until at least April 14 following the nationwide lockdown ordered by President by Prime Minister Narendra Modi. As reported by Bloomberg:
Foxconn and Wistron Corp. have suspended production at their India plants, which include the assembly of some Apple Inc. ‌iPhone‌ models, in order to comply with a nationwide lockdown ordered by Prime Minister Narendra Modi.

Foxconn, also known as Hon Hai Precision Industry Co., is suspending operations until April 14, the company said in a text message to Bloomberg News. It intends to resume India production based on further government announcements. A Wistron representative said the company is also adhering to the order, while declining to comment on exactly what products are affected.
The 21-day lockdown was announced by Modi via a televised address to the nation on Tuesday evening. "For a few days forget what it means to go out. Today's decision of a nationwide lockdown draws a line outside your home," the PM said.

Wistron's new plant in India was poised to assemble printed circuit boards (PCBs) for iPhones in April, a first for the Taiwanese contract manufacturer that will save Apple having to pay import taxes on the vital Indian smartphone component.

Wistron's other plant, located in central Bengaluru, has been pumping out ‌‌iPhone‌‌ SE, ‌‌iPhone‌‌ 6S and ‌‌iPhone‌‌ 7 models since 2017. Wistron's larger rival, Foxconn, began making iPhone XR models in India last year. Apple also has an office with thousands of employees in Hyderabad, working on Apple Maps data.

All of the plants and offices are likely to be impacted by the virus-fighting measures, which come into force just as Apple planned to ramp up efforts to bring online and in-store sales to customers in India for the first time.

Apple was the fastest growing premium smartphone brand in India last year with 41 percent annual growth, according to recent market research data. India also recently relaxed rules on local sourcing of components, paving the way for Apple to open an online store in India later this year and its first retail store in the country by next year.
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India’s aluminum sector aims to go green

Aluminum is suddenly the new buzzword in India. In the last 2-3 months, there has been a lot of activity in the Indian aluminum sector, much of it propelled by India’s ongoing quest for clean and green tech. Better time your metal market purchases with the MetalMiner Insights platform. Request a demo For starters, news…

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Aluminum is suddenly the new buzzword in India. In the last 2-3 months, there has been a lot of activity in the Indian aluminum sector, much of it propelled by India’s ongoing quest for clean and green tech. Better time your metal market purchases with the MetalMiner Insights platform. Request a demo For starters, news...

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Report Examines Challenges Apple Has Faced in Expanding Manufacturing in India

The Information has published a detailed look into the challenges that Apple has faced in expanding its manufacturing operations in India, including strict labor laws, unsatisfactory health and safety standards, and protectionist trade policies that have resulted in rising tariffs on smartphone components.


An excerpt from the paywalled report:

For example, one Indian supplier Apple approached in 2018 was Superpacks, which operated a packaging factory in Bangalore. Apple sent auditors to assess whether its supplier responsibility practices were up to Apple’s standards. The audits revealed dozens of violations. The site had no safety measures for storing chemicals, lacked monitoring for noise and wastewater, and didn’t have several environmental and construction permits. It didn’t properly test drinking water for workers and the site lacked a fire hydrant system, according to a person close to Apple.

Apple spent months pushing Superpacks to fix the violations. However, the Indian company stopped giving updates and missed deadlines for fixes. Apple ultimately didn’t give it a business contract. Superpacks didn’t respond to a request for comment.

Apple has reached agreements with some suppliers in India, such as Wistron, which assembles the iPhone 7 in the country. However, the majority of Apple’s manufacturing remains in China, with recent issues such as the U.S.-China trade war and the COVID-19 coronavirus outbreak emphasizing the need for diversification.

As the report notes, India recently relaxed rules on local sourcing of components, paving the way for Apple to open an online store in India later this year and its first retail store in the country by next year.

Full Article: Inside Apple’s Search for an Indian Supply Chain by The Information

Tag: India

This article, “Report Examines Challenges Apple Has Faced in Expanding Manufacturing in India” first appeared on MacRumors.com

Discuss this article in our forums

The Information has published a detailed look into the challenges that Apple has faced in expanding its manufacturing operations in India, including strict labor laws, unsatisfactory health and safety standards, and protectionist trade policies that have resulted in rising tariffs on smartphone components.


An excerpt from the paywalled report:
For example, one Indian supplier Apple approached in 2018 was Superpacks, which operated a packaging factory in Bangalore. Apple sent auditors to assess whether its supplier responsibility practices were up to Apple's standards. The audits revealed dozens of violations. The site had no safety measures for storing chemicals, lacked monitoring for noise and wastewater, and didn't have several environmental and construction permits. It didn't properly test drinking water for workers and the site lacked a fire hydrant system, according to a person close to Apple.

Apple spent months pushing Superpacks to fix the violations. However, the Indian company stopped giving updates and missed deadlines for fixes. Apple ultimately didn't give it a business contract. Superpacks didn't respond to a request for comment.
Apple has reached agreements with some suppliers in India, such as Wistron, which assembles the iPhone 7 in the country. However, the majority of Apple's manufacturing remains in China, with recent issues such as the U.S.-China trade war and the COVID-19 coronavirus outbreak emphasizing the need for diversification.

As the report notes, India recently relaxed rules on local sourcing of components, paving the way for Apple to open an online store in India later this year and its first retail store in the country by next year.

Full Article: Inside Apple's Search for an Indian Supply Chain by The Information

Tag: India

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Apple Hikes Price of Several iPhone Models in India to Offset Increased Import Duties

Apple has raised the price of some iPhone models in India, following an increase in import duties that were recently announced in the country’s federal budget.


The iPhone 11 Pro, iPhone 11 Pro Max, iPhone 8 and ‌iPhone 8‌ Plus will all see price increases of 2 percent effective Monday to offset the cost of the import duties. The hikes are in light of an increase in the basic customs duty rate and the withdrawal of an earlier exemption from the Social Welfare Surcharge.

According to The Hindu‘s Business Line, smartphones had been exempted from the 10 per cent social welfare surcharge, but this will now be reimposed for imported handsets. In addition, Apple will also be required to pay 20 per cent basic customs duty for the devices.

The Indian government has also increased import duty on printed circuit board assemblies (PCBs) from 10 percent to 20 percent, while import duty on chargers has increased from 15 percent to 20 percent.

The iPhone XR and ‌iPhone‌ 7 have escaped price increases, presumably because they are being manufactured locally in India by Apple partners Wistron and Foxconn. The iPhone 11 appears to have also escaped the price hikes, although it’s not clear why.

Last month it was reported that Wistron’s new plant in India plans to begin assembling printed circuit boards (PCBs) for iPhones by April, which could see some ‌iPhone‌ prices drop again. A PCB serves as a bed for key ‌‌iPhone‌‌ components like processors, storage, and memory, and usually accounts for about half the cost of a smartphone.

Apple has been working for years to establish a presence in India. In a recent shareholder meeting, CEO Tim Cook confirmed the company’s plans to open an online store in India in 2020 and a retail store in 2021.

In August 2019, India eased the rules that had kept Apple from offering its products in first-party stores and an online Apple Store. So far, Apple device sales in India have only been available through third-party retailers, because foreign investment rules and regulations didn’t permit Apple to sell devices in the country.

Tag: India

This article, “Apple Hikes Price of Several iPhone Models in India to Offset Increased Import Duties” first appeared on MacRumors.com

Discuss this article in our forums

Apple has raised the price of some iPhone models in India, following an increase in import duties that were recently announced in the country's federal budget.


The iPhone 11 Pro, iPhone 11 Pro Max, iPhone 8 and ‌iPhone 8‌ Plus will all see price increases of 2 percent effective Monday to offset the cost of the import duties. The hikes are in light of an increase in the basic customs duty rate and the withdrawal of an earlier exemption from the Social Welfare Surcharge.

According to The Hindu's Business Line, smartphones had been exempted from the 10 per cent social welfare surcharge, but this will now be reimposed for imported handsets. In addition, Apple will also be required to pay 20 per cent basic customs duty for the devices.

The Indian government has also increased import duty on printed circuit board assemblies (PCBs) from 10 percent to 20 percent, while import duty on chargers has increased from 15 percent to 20 percent.

The iPhone XR and ‌iPhone‌ 7 have escaped price increases, presumably because they are being manufactured locally in India by Apple partners Wistron and Foxconn. The iPhone 11 appears to have also escaped the price hikes, although it's not clear why.

Last month it was reported that Wistron's new plant in India plans to begin assembling printed circuit boards (PCBs) for iPhones by April, which could see some ‌iPhone‌ prices drop again. A PCB serves as a bed for key ‌‌iPhone‌‌ components like processors, storage, and memory, and usually accounts for about half the cost of a smartphone.

Apple has been working for years to establish a presence in India. In a recent shareholder meeting, CEO Tim Cook confirmed the company's plans to open an online store in India in 2020 and a retail store in 2021.

In August 2019, India eased the rules that had kept Apple from offering its products in first-party stores and an online Apple Store. So far, Apple device sales in India have only been available through third-party retailers, because foreign investment rules and regulations didn't permit Apple to sell devices in the country.

Tag: India

This article, "Apple Hikes Price of Several iPhone Models in India to Offset Increased Import Duties" first appeared on MacRumors.com

Discuss this article in our forums

India’s auto sector reaches crucial point amid government’s emissions goals

India’s automobile sector is at a crossroads. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030….

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India’s automobile sector is at a crossroads. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030....

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This Morning in Metals: Novelis reports net income up 37% in Q3 FY20

This morning in metals news, Novelis Inc. reported its quarterly financial results, steel trade in China slows amid coronavirus fears and India’s carbon emissions are projected to soar over the next 30 years. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. Novelis reports net…

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This morning in metals news, Novelis Inc. reported its quarterly financial results, steel trade in China slows amid coronavirus fears and India’s carbon emissions are projected to soar over the next 30 years. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. Novelis reports net...

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India’s annual budget could prove to be a boost to the steel sector

India’s union budget is an annual exercise, one that industry and commerce always look forward to for direction and signals of growth. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. India’s metals sector, especially steel, had expectations from this year’s budget and seems…

The post India’s annual budget could prove to be a boost to the steel sector appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

India’s union budget is an annual exercise, one that industry and commerce always look forward to for direction and signals of growth. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. India’s metals sector, especially steel, had expectations from this year’s budget and seems...

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Apple Was the Fastest Growing Premium Smartphone Brand of 2019 in India

Apple was the fastest growing premium smartphone brand in India last year with 41 percent annual growth, according to new data gathered by Counterpoint Research.


Premium smartphone shipments in the country reached a record high in 2019, increasing by 29 percent year over year. The growth is said to have been driven by affordable premium smartphones, aggressive offers like significant price cuts, and user upgrades.

In Apple’s case, growth in the fourth quarter was driven by multiple price cuts on iPhone XR throughout the year. The ‌iPhone XR‌ was the number one ultra-premium smartphone model in India followed by Samsung’s Galaxy S10 Plus and China’s OnePlus 7 Pro, according to the report.

Apple also oversaw the fastest rollout of its flagship devices in India, with the iPhone 11 series introduced at a lower price point than the previous year’s ‌iPhone XR‌ launch. This reportedly helped to gain share during the festive season and in its launch quarter in India.

“We expect the strongest 2020 for Apple in India as it has expanded its production capacity in India and is now manufacturing iPhones on a Completely Knocked Down (CKD) basis. These activities will help the brand to offer competitive pricing in a price-sensitive market like India,” Counterpoint said.

OnePlus remained the number one premium brand for the full calendar year, with shipments growing 28 percent year over year and the brand capturing one third of India’s premium mobile market. The Chinese brand also became the first ever premium smartphone brand to cross two million shipments in a year in 2019.

Meanwhile, Samsung dropped to second position and declined 2 percentage points year over year in the premium segment. The Galaxy S10 Plus was the top-selling flagship for Samsung in 2019. As a result, Samsung’s ultra-premium segment shipments grew by 24 percent year over year.

After a strong year in India, Apple is now pursuing its aim of opening an online Apple Store in the country to start official online sales of iPhones, iPads, Macs, and more starting in the third quarter of 2020.

In August 2019, India eased the rules that had kept Apple from offering its products in first-party stores and an online Apple Store. Apple is now said to be working on opening up retail locations in India, with a store in Mumbai in the works.

Tag: India

This article, “Apple Was the Fastest Growing Premium Smartphone Brand of 2019 in India” first appeared on MacRumors.com

Discuss this article in our forums

Apple was the fastest growing premium smartphone brand in India last year with 41 percent annual growth, according to new data gathered by Counterpoint Research.


Premium smartphone shipments in the country reached a record high in 2019, increasing by 29 percent year over year. The growth is said to have been driven by affordable premium smartphones, aggressive offers like significant price cuts, and user upgrades.

In Apple's case, growth in the fourth quarter was driven by multiple price cuts on iPhone XR throughout the year. The ‌iPhone XR‌ was the number one ultra-premium smartphone model in India followed by Samsung's Galaxy S10 Plus and China's OnePlus 7 Pro, according to the report.

Apple also oversaw the fastest rollout of its flagship devices in India, with the iPhone 11 series introduced at a lower price point than the previous year's ‌iPhone XR‌ launch. This reportedly helped to gain share during the festive season and in its launch quarter in India.
"We expect the strongest 2020 for Apple in India as it has expanded its production capacity in India and is now manufacturing iPhones on a Completely Knocked Down (CKD) basis. These activities will help the brand to offer competitive pricing in a price-sensitive market like India," Counterpoint said.
OnePlus remained the number one premium brand for the full calendar year, with shipments growing 28 percent year over year and the brand capturing one third of India's premium mobile market. The Chinese brand also became the first ever premium smartphone brand to cross two million shipments in a year in 2019.

Meanwhile, Samsung dropped to second position and declined 2 percentage points year over year in the premium segment. The Galaxy S10 Plus was the top-selling flagship for Samsung in 2019. As a result, Samsung's ultra-premium segment shipments grew by 24 percent year over year.

After a strong year in India, Apple is now pursuing its aim of opening an online Apple Store in the country to start official online sales of iPhones, iPads, Macs, and more starting in the third quarter of 2020.

In August 2019, India eased the rules that had kept Apple from offering its products in first-party stores and an online Apple Store. Apple is now said to be working on opening up retail locations in India, with a store in Mumbai in the works.

Tag: India

This article, "Apple Was the Fastest Growing Premium Smartphone Brand of 2019 in India" first appeared on MacRumors.com

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