India Remains Dependent on China for 71 Core Electronic Components
· Business · Business Standard
India continues to rely on China for essential electronic components across 71 distinct product lines. This dependency highlights a significant gap in domestic manufacturing capabilities for critical hardware. The identified product lines span a wide range of electronic goods, necessitating imports to meet local demand. While the government has introduced various production-linked incentive schemes to boost local manufacturing, the reliance on Chinese supply chains remains persistent. The report does not specify the exact timeline for reducing this import dependence.
Why it matters
This reliance leaves the Indian electronics sector vulnerable to supply chain disruptions and geopolitical tensions involving China, potentially impacting the cost and availability of consumer devices.
Read the original report — Business Standard
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.