Versuchen GOLD - Frei

Apple warns India charger rules to hit local output target

Financial Express Mumbai

|

December 06, 2023

Lobbies to delay EU-like rule on common charger

- ADITYA KALRA & MUNSIF VENGATTIL

Apple warns India charger rules to hit local output target

APPLE HAS TOLD India its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the U.S. tech giant lobbies for an exemption or delay.

India wants to implement a European Union rule that will require smartphones to have a universal USB-C charging port, and has been in talks with manufacturers about introducing the requirement in India by June 2025, six months after the deadline in the EU. While all manufacturers including Samsung (005930.KS) have agreed to India's plan, Apple is pushing back.

Apple has for years offered a unique lightning connector port on its iPhones.

The EU, however, estimates a single charger solution would save about $271 million for consumers, and India has said the move will reduce e-waste and help users.

WEITERE GESCHICHTEN VON Financial Express Mumbai

Financial Express Mumbai

Macron to visit India next week for AI summit

FRENCH PRESIDENT EMMANUEL Macron will undertake a three-day visit to India next week to attend the AI Impact Summit and hold talks with Prime Minister Narendra Modi to boost ties in key sectors such as trade and defence.

time to read

1 min

February 11, 2026

Financial Express Mumbai

Sebi stalls entry of NCDEX, MSE into options segment

THE SECURITIES AND EXCHANGE Board of India (Sebi) has stopped the country’s two newest exchanges from offering trading in equity derivatives and has asked them to first build up their share-trading businesses, two regulatory sources said.

time to read

1 min

February 11, 2026

Financial Express Mumbai

IndiGo says adequate pilots as DGCA relaxations end

NEW DUTY NORMS INTEGRATED INTO ROSTERS: AIRLINE INDIGO ON TUESDAY said it has an adequate pool of pilots and crew to ensure stable operations as the Directorate General of Civil Aviation’s (DGCA) temporary relaxations from the revised flight duty time limitation (FDTL) norms came to an end.

time to read

2 mins

February 11, 2026

Financial Express Mumbai

Britannia's net profit up 17% on biscuit boost

BRITANNIA INDUSTRIES SAW its consolidated third-quarter profit rise 17% year-on-year at ₹680 crore, driven by an uptick in consumption on the back of GST-led price cuts.

time to read

1 min

February 11, 2026

Financial Express Mumbai

Gold ETFs shine as equities slacken

Inflows cross equities for the first time

time to read

2 mins

February 11, 2026

Financial Express Mumbai

Govt to step up PSU stake sale to meet 25% public float

FIVE KEY FIRMS LIKELY TO FETCH ₹1.5 LAKH CRORE

time to read

2 mins

February 11, 2026

Financial Express Mumbai

Lower US tariffs on Bangla textiles may impact India

THE LOWER US import tariffs on textiles and apparel exports from Bangladesh could mean more competition for Indian exporters though the impact may be limited as Bangladesh has capacity constraints.

time to read

2 mins

February 11, 2026

Financial Express Mumbai

Axis Bank launches gold loan for MSMEs

Product offers loan to value of up to 82%

time to read

1 min

February 11, 2026

Financial Express Mumbai

Just two hours: New IT Rules trim deepfake takedown time

AI LABELLING MANDATE EASED AFTER INDUSTRY PUSHBACK

time to read

2 mins

February 11, 2026

Financial Express Mumbai

Carlyle to invest ₹2,100 crore in Edelweiss home finance arm

Aditya Puri to make personal investment in the transaction

time to read

1 min

February 11, 2026

Translate

Share

-
+

Change font size