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India emerging as key destination, amid supply chain shift of global electronic sector: Report
Economic Times
·
1m ago
Medial
India is emerging as a key destination for electronics manufacturing amidst global supply chain shifts, a PwC report reveals. The nation is poised for significant growth in electronics production, potentially reaching USD 282 billion by 2030, and possibly even USD 500 billion with robust policy support. Key sectors include mobile phones, semiconductors, and consumer electronics, but growth could be constrained by limited capital expenditure. Factors like 5G services and IT demand further boost the sector's potential.
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China Plus One: Economic Survey Pushes For Increasing FDI From China In India
Inc42
·
1y ago
Medial
The Survey suggests that India has two options to take advantage of the emerging trend: either integrate into China's supply chain or encourage foreign direct investment (FDI) from China. The report focuses on India's electronic exports, particularly mobile phones, which have experienced significant growth. It highlights the potential benefits of India capitalizing on the shift away from China and emphasizes the growth in the country's manufacturing exports.
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US tariffs, big beautiful bill derail Indian IT’s big shift away from BFSI - The Economic Times
Economic Times
·
11d ago
Medial
India's IT sector faces challenges as key verticals, including manufacturing and life sciences, reduce spending amid global disruptions and US policy changes. While companies shift towards BFSI and retail for stability, overall growth remains cautious due to regulatory and supply chain challenges. TechMahindra is pivoting to BFSI and retail, whereas Infosys sees growth in financial services. However, the sector grapples with uncertainties impacting IT investments as businesses adapt to changing global dynamics.
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India’s manufacturing model shifting toward IP-led, research-driven production: 3one4 Capital
Economic Times
·
3m ago
Medial
India's manufacturing sector is transitioning from traditional scale-driven models to those anchored in intellectual property, research, and automation, per a 3one4 Capital report. The shift toward IP-led and hybrid manufacturing approaches offers quicker commercialization and lower capital needs, appealing to investors. The report projects significant growth in manufacturing gross value added, driven by emerging sectors like semiconductors and aerospace. Rising labor productivity, infrastructure improvements, and global supply chain realignment further bolster India's manufacturing prospects.
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Move beyond Trump’s tariff war: Former Niti Aayog CEO Amitabh Kant warns of a deeper global economic reset
Economic Times
·
3m ago
Medial
Former NITI Aayog CEO Amitabh Kant warns about a profound shift in the global economic landscape beyond headline tariffs. He highlights a reset in global trade amid rising geopolitical tensions, broken supply chains, and a shift from free trade to protectionism, noting the impact of Trump's tariffs. Kant sees the end of post-WWII economic stability as countries like the U.S. and China grapple with new conflicts, presenting India with potential opportunities for strategic supply chain diversification.
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Tata Group to Manufacture Apple iPhones in India A Shift from China-Centric Production
Business Bytes
·
1y ago
Medial
Tata Group's plan to manufacture Apple iPhones in India signifies a shift from Apple's China-centric production strategy and highlights India's growing role in global electronics manufacturing. The collaboration involves Tata Group's acquisition of Wistron Corp's operations, aiming to diversify Apple's supply chain. India's favorable manufacturing environment and government initiatives, including the Production-Linked Incentive (PLI) scheme, make it an attractive destination for tech giants. Apple's commitment to producing a quarter of its global units in India within the next few years is part of its strategy to reduce supply chain vulnerabilities and geopolitical risks. This collaboration reflects evolving dynamics in global manufacturing and technology, with India's potential impact on the economy, employment, and technological advancement.
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Tesla wants India to chip in with integral parts supply
Economic Times
·
3m ago
Medial
Tesla is exploring semiconductor procurement options in India, engaging with firms like Micron and CG Semi, amid its strategic shift to diversify its global supply chain. This move follows Tesla's agreement with Tata Electronics for semiconductor chips. The electric vehicle company is considering India's potential as a semiconductor hub, driven by geopolitical factors and increasing import tariffs in China. India's evolving semiconductor sector, despite scalability challenges, presents opportunities for Tesla's sourcing strategy realignment.
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SEMICON India 2024: 5 key takeaways from MP Modi's speech
Livemint
·
11m ago
Medial
The Indian Prime Minister, Narendra Modi, addressed SEMICON India 2024 and emphasized the importance of supply chain resilience. He highlighted India's investments in semiconductor manufacturing, with a goal to position India as a global hub. Modi also expressed a vision of having Indian-made chips in every electronic device worldwide. He noted the three factors driving India's semiconductor ambitions: a reformist government, a growing manufacturing base, and a tech-savvy market. Modi positioned India as an attractive destination for semiconductor investments, promising to support the country's journey toward becoming a semiconductor powerhouse.
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It’s rare, it’s revered, it’s relevant: What’s the big deal about rare earths? - The Economic Times
Economic Times
·
16d ago
Medial
Rare earth elements (REEs) are vital to manufacturing electronic products due to their unique properties. China dominates the global supply chain, controlling mining and over 90% of processing and magnet production capacity. This dominance gives China significant leverage, potentially leading to supply chain disruptions for countries like India. The article by ET's Suraksha P delves into the complexities of the rare earth supply chain and its critical importance to India's manufacturing success.
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Decoding MeitY’s Rs 23,000 crore electronics production scheme
Economic Times
·
4m ago
Medial
The Ministry of Electronics and Information Technology (MeitY) in India announced a Rs 23,000 crore Electronics Component Manufacturing Scheme. This initiative aims to enhance domestic production of electronic components and subassemblies, positioning India as a significant player in the global electronics value chain. The scheme outlines key provisions and clauses to support and encourage local manufacturers, fostering growth and development in the electronics sector within the country.
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In times of tariff war, India to play key role in US supply chain
Economic Times
·
3m ago
Medial
India is poised to become a crucial source for American electronics and consumer-tech amid a shift in global supply chains away from China. Opportunities for India are emerging in outsourced semiconductor assembly, testing, and fab activity, with US companies like Analog Devices showing interest. The country is seen as a strategic partner due to its market size, focus on semiconductor manufacturing, and stable international relations. However, challenges remain, requiring policy consistency and investment.
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