A couple of days after India blocked Chinese automaker BYD’s $1 billion bid to set up an electric vehicle (EV) factory in the country, Beijing’s top diplomat has urged New Delhi to rethink the decision, adding that the two countries were not ‘threats’ to each other. Wang Yi, whose position …
Read More »Unraveling the mystery: Decline of smartphone shipments in India
Smartphone sales in India have been falling, with the entry and mid-tier segment the most impacted. In the first half of 2023, overall sales dropped below the 50-million-unit mark. Why are sales declining and what do we expect for the rest of the year? Mint finds out. What is the …
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