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India comes full circuit: Global tech giants set sights on the country for electronics production

Economic TimesEconomic Times · 8m
India comes full circuit: Global tech giants set sights on the country for electronics production

The article discusses India's efforts to become a global electronics manufacturing hub by attracting component makers to set up operations in the country. Key players like Apple's suppliers Foxconn, Pegatron, Wistron, and Corning have already established or planned manufacturing facilities in India. The focus is on increasing value addition in electronics, expanding component production, and strengthening the supply chain. The COVID-19 pandemic and geopolitical realignments have further accelerated the need for diversification and resilience in global supply chains. This presents an opportunity for India to replace China as a reliable nation for manufacturing and establish itself as a world-class product developer and manufacturer.

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