Surajeet Das Gupta

All stories by Surajeet Das Gupta

How govt's PLI scheme is fuelling Dixon's global dreams

How govt's PLI scheme is fuelling Dixon's global dreams

Rediff.com27 Dec 2023

Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.

India The Next Big Travel Market

India The Next Big Travel Market

Rediff.com19 Dec 2023

In outbound travel, India will be ahead of Italy, South Korea, Australia, Canada and France.

India's domestic aviation capacity soars beyond pre-pandemic level

India's domestic aviation capacity soars beyond pre-pandemic level

Rediff.com12 Dec 2023

The growth in India's domestic aviation capacity in calendar year 2023 (CY23) was the sixth highest among 20 major domestic markets, compared to the pre-pandemic year of CY19. The domestic capacity in the country surpassed the pre-pandemic level seen in CY19 and was up 5 per cent in CY23. It trails Mexico, Columbia, China, Vietnam, and Spain, which have shown higher growth, according to data shared in a seminar organised by global travel data provider OAG on global aviation trends in 2023.

Samsung Pushes Xiaomi To 3rd Spot

Samsung Pushes Xiaomi To 3rd Spot

Rediff.com12 Dec 2023

Counterpoint Research estimates that Xiaomi will end CY23 with a volume market share in CY23 to 15 per cent, pushing the Chinese company, which has faced numerous challenges and scrutiny from investigative agencies, to the third place.

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

Rediff.com7 Dec 2023

The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage. This shift, identified by BofA Global Research, closely monitoring key segments of the app business, has pushed JioMart to third place in the grocery space.

Apple seeks more time to comply with EU norm in older iPhones

Apple seeks more time to comply with EU norm in older iPhones

Rediff.com7 Dec 2023

Apple Inc has requested the ministry of electronics and information technology (MeitY) to give it 18 to 24 months' exemption to comply with the European Union (EU) regulation of putting an USB charging port in all its older smartphones, mainly iPhone 13 and iPhone 14, which are assembled, exported and also sold in the domestic market. Apple's stance is different from that of Samsung, which has been pushing for an immediate implementation of the EU regulation. All smartphones by the South Korean giant already comply with the EU rules.

Rural push helps Bharti Airtel close in on Reliance Jio in AGR share

Rural push helps Bharti Airtel close in on Reliance Jio in AGR share

Rediff.com3 Dec 2023

Bharti Airtel has quietly narrowed its adjusted gross revenue (AGR) market share gap with Reliance Jio, the country's largest player in the game, in the last three years. Despite Jio's aggressive entry into 4G and now into 5G, Airtel's gap with Jio, which was 6.4 percentage points in Q1 of FY21 and went up to 7.2 percentage points in Q1 of FY22, has fallen to only 4.4 percentage points in Q1 of FY24. Currently, Reliance Jio's AGR market share is 41.6 per cent while Airtel's is at 37.2 per cent.

Mobile Download Speeds May Surpass...

Mobile Download Speeds May Surpass...

Rediff.com29 Nov 2023

Most telcos say the speed will surpass fixed broadband as the 5G roll out, which is currently on 360,000 towers, crosses 400,000.

India's Share Of Global FDI Inflow Climbs To 4.2% in Q1 of FY23

India's Share Of Global FDI Inflow Climbs To 4.2% in Q1 of FY23

Rediff.com26 Nov 2023

This is despite the fact that total FDI into India has fallen by 22 per cent from $58 billion in FY22 to $46 billion in FY23, according to the Reserve Bank of India.

Coming Soon: More Auto Exits From India

Coming Soon: More Auto Exits From India

Rediff.com23 Nov 2023

Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.

Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Rediff.com18 Nov 2023

Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year - Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected valuation when they go public next year.

Indians Work Harder Than Chinese, Americans

Indians Work Harder Than Chinese, Americans

Rediff.com15 Nov 2023

But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Rediff.com14 Nov 2023

The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.

Will Made In India Google Pixel Phones Sell Better?

Will Made In India Google Pixel Phones Sell Better?

Rediff.com30 Oct 2023

Making the Pixel 8 in India will not necessarily bring the price down -- witness iPhones made in India that are more expensive than those in the US and Dubai.

North trails South in electric scooter sales

North trails South in electric scooter sales

Rediff.com26 Oct 2023

The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).

Alternatives to China: Vietnam, India slug it out for semiconductor investments

Alternatives to China: Vietnam, India slug it out for semiconductor investments

Rediff.com16 Oct 2023

India and Vietnam are vying with each other to woo semiconductor companies to their country. With the tension between the US and China escalating, and Taiwan getting vulnerable both countries are trying to present themselves as alternative destinations for global players. Vietnam, which started the effort as early as 2010, has got a leg-up after US President Joe Biden's visit last month.

How Zetwerk is shaking up India's smart TV market

How Zetwerk is shaking up India's smart TV market

Rediff.com11 Oct 2023

Zetwerk is not exactly a household name, but this unicorn, boasting revenues of Rs 11,450 crore as of last year, is among the top four electronics manufacturers in India. The startup is capitalising on a notable trend in smart TV sales - fall in collective shipments from top brands like Xiaomi, Samsung, LG and an uptick in the market share of smaller, regional, and online brands. Emerging as a key Electronics Manufacturing Services (EMS) player, Zetwerk operates a plant in Haryana that caters to 10 per cent of the country's overall smart TV production capacity.

Made In India iPhones Are...

Made In India iPhones Are...

Rediff.com10 Oct 2023

...far more expensive than those available in the US or in Dubai though Apple won't pass on the higher cost of assembling the iPhone 15 and iPhone Plus to Indian customers.

E-motorcycles: Bhavish Aggarwal Riding High

E-motorcycles: Bhavish Aggarwal Riding High

Rediff.com6 Oct 2023

Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?

Two-wheeler Majors TVS, Bajaj Auto Close the Gap With Startups in EV Game

Two-wheeler Majors TVS, Bajaj Auto Close the Gap With Startups in EV Game

Rediff.com6 Oct 2023

Bajaj Auto has virtually closed the gap with Ather Energy in September, notching up 6423 EV registrations compared to 6466 registrations by Ather.

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