India, Feb. 20 -- In a significant policy shift, President Donald Trump announced plans to impose a 25% tariff on semiconductor imports, aiming to bolster domestic manufacturing and reduce reliance on foreign suppliers. This move is poised to have profound effects on the global semiconductor landscape, influencing costs, supply chains, and international relations.

India's semiconductor industry is expected to remain largely unaffected by the U.S. tariffs in the immediate term. Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA), noted, "India is not a major exporter of semiconductors to the U.S., and our import duties on semiconductors are already zero. Therefore, the direct impact on our industry will ...