Newsbite
Economy

India Aims to Launch Domestic Smartphone Brand by October 2028

Pooja ReddySource: livemint.com
Updated 1d ago
India Aims to Launch Domestic Smartphone Brand by October 2028
India Aims to Launch Domestic Smartphone Brand by October 2028Source: livemint.com
Text size

India aims to launch its own smartphone brand by October 2028, with the goal of designing, manufacturing, and branding mobile phones domestically. The government has been building capabilities in smartphone hardware design and has recently developed a 5G-plus mobile phone design, which will help India compete with established brands like Apple and Samsung. The move is part of the government's "Make in India" initiative, which aims to boost domestic manufacturing and exports.

Read next

Economy

Carlsberg India Reports 2.2% Revenue Decline, 22% Profit Rise in FY26

Carlsberg India, part of Carlsberg Group, reported a 2.2% decline in revenue to ₹8,708.8 crore in FY26, but a 22% profit rise to ₹534.51 crore. The company filed for an initial public offering (IPO) in July 2026 and received approval in October, with a potential listing raising up to $700 million. Expenses on excise duty and sales promotion were also reported.

Read story

More to read

More reporting from Newsbite

All stories