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Motorola Aims To Double Export From India, Eyes 8-10% Market Share

Inc42 · 1y ago

Motorola Aims To Double Export From India, Eyes 8-10% Market Share

Motorola, the Lenovo-owned smartphone brand, plans to double its manufacturing capacity and increase exports from India. The company aims to capture 8-10% market share in India's smartphone market within the next two years, intending to become the country's third-largest player by volume by the end of 2024. Motorola is also in discussions with suppliers to find local components for manufacturing chargers in India. The company has seen significant growth in recent years and aims to continue expanding its presence in the Indian market.

Related News

More Android phones sail to foreign shores via India

Economic Times

Economic Times · 1m ago

More Android phones sail to foreign shores via India

Motorola and Samsung have significantly increased their smartphone exports from India, targeting the US market amid favorable tariff conditions. Lenovo-owned Motorola shipped 1.6 million Android phones in early 2025, while Samsung exported 945,000 devices in the same period. This export growth is driven by US tariff policies, India’s government incentives, and the production-linked incentive (PLI) scheme. Other brands like Apple remain larger exporters, but Motorola shows notable expansion, especially catering to the North American market.

Lenovo India surpasses $2 billion revenue, expands AI and manufacturing focus

Economic Times

Economic Times · 5m ago

Lenovo India surpasses $2 billion revenue, expands AI and manufacturing focus

Lenovo's India revenue surpassed $2 billion in FY25, buoyed by growth in Motorola handsets, PCs, and data center servers. The company saw a 58% year-on-year revenue increase and reached an 8% market share in India for Motorola phones, which are now exported globally. Lenovo plans to intensify its focus on AI with a new AI Centre of Excellence and increase local manufacturing of AI servers and PCs, leveraging India as a hub for future developments.

Honda eyes 30% share in Indian two-wheeler market, sees potential to grow sales among women

Economic Times

Economic Times · 19d ago

Honda eyes 30% share in Indian two-wheeler market, sees potential to grow sales among women

Honda aims for a 30% share in the Indian two-wheeler market by 2030, focusing on increasing sales among women, who currently represent only 10% of the market. Honda Motorcycle & Scooter India sees high potential in this demographic due to increasing female workforce participation. The company plans to transition from internal combustion engines to electric vehicles, though charging infrastructure remains a challenge. Honda envisions holding a major share of the global electric motorcycle market by 2030.

JSW Cement promises expansion spree to double capacity but says no to buyouts

Livemint

Livemint · 4d ago

JSW Cement promises expansion spree to double capacity but says no to buyouts

JSW Cement plans to double its production capacity to 42 million tonnes within four years by using IPO proceeds and group synergies, according to managing director Parth Jindal. The company aims to leverage access to slag from JSW Steel to produce cost-effective GGBS cement. This expansion targets a greater presence in central and northern India, with the goal of increasing its market share from the current 3% to 10% in India’s competitive cement industry.

Ather Energy eyes expansion in North, Northeast India

YourStory

YourStory · 4d ago

Ather Energy eyes expansion in North, Northeast India

Ather Energy plans to expand its network significantly in India, aiming to double its experience centres to 700 by FY26, focusing on northern and northeastern regions. The electric vehicle maker reported Q1 FY26 revenue growth of 78.8% to Rs 644.6 crore, with a 10.7% market share, and is transitioning to LFP batteries to improve margins. Non-vehicle segment revenue, like accessories and software, also contributed 12% of its earnings.

Panasonic aims to double its solar business, boost exports

Livemint

Livemint · 1y ago

Panasonic aims to double its solar business, boost exports

Panasonic Electric Works India aims to boost its solar business contribution from 6% to double digits, specifically targeting 10-12% from solar in the next three years. They also plan to increase their share of exports from 25% to 30% in the current financial year and invest ₹300 crore to expand their Sri City manufacturing unit. The company aims to triple its topline growth in seven years, targeting a significant increase in revenue.

VC-backed two-wheeler lender OTO eyes larger cheque

VCCircle

VCCircle · 7m ago

VC-backed two-wheeler lender OTO eyes larger cheque

OTO Capital, a two-wheeler-focused lender, is reportedly in early discussions with major venture capital and growth funds for its upcoming funding round. The company aims to secure an investment amounting to double its previous round. The last known funding round was $10 million. Co-founders Harsh Saruparia and Sumit Chhazed are steering the company through this phase, as they seek more significant financial backing to expand their operations and market reach.

Air India aims to double transit international traffic

Livemint

Livemint · 1y ago

Air India aims to double transit international traffic

Air India, backed by the Tata Group, aims to double the share of international passengers transiting through Indian airports on its flights. Currently at around 4%, Air India expects this share to reach 10% over the next 5-10 years. The airline plans to leverage partnerships with Singapore Airlines and Lufthansa to expand its international network, starting with South Asian destinations like Colombo, Kathmandu, and Dhaka. Air India has placed an order for 470 aircraft, including 70 wide-body planes, and intends to provide long-haul non-stop connectivity to metro cities in India.

Ola Electric races to file DRHP in two weeks

Livemint

Livemint · 1y ago

Ola Electric races to file DRHP in two weeks

Ola Electric is set to file draft share sale papers within the next two weeks as it prepares for an IPO early next year. The company aims to strengthen its market position by implementing an aggressive retail strategy, including launching products at a discount and reducing prices of existing products. Ola Electric currently holds the largest market share in India's electric two-wheeler market, but faces increasing competition from other manufacturers. The company is expected to seek a valuation of nearly $8-10 billion when it goes public to raise around $700 million.

India's Lava looks to corner a third of feature phone market

Reuters · 1y ago

India's Lava looks to corner a third of feature phone market

Homegrown Indian mobile phone firm Lava plans to launch 4G feature phones and aims to capture a third of the market share for entry-level devices within a year. Lava, popular for its budget phones, intends to increase its market share in the segment from 26% to 35%. The company also plans to expand its smartphone offerings in the budget segment and aims to exceed a 10% share of the market for smartphones costing under 30,000 rupees ($360). Lava has shifted all its design and manufacturing operations from China to India in recent years.

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