India Expands Oil Reserves and Smartphone Manufacturing

India is expanding its strategic oil reserves, with the state-owned ONGC board approving a plan for 1.75 million tonnes of new storage capacity. At the same time, the country's smartphone manufacturing sector is entering a new phase, highlighted by the approval of a joint venture between Dixon and Vivo. State-owned telecom operator BSNL has also launched a satellite phone service in India.