India, April 24 -- Amid sweeping retaliatory tariffs imposed by the US on Vietnam, South Korean tech major Samsung is reportedly considering shifting some of its smartphone and electronics manufacturing to India.
As per Moneycontrol, the company has begun talks with Indian electronics manufacturing players to explore the possibility of shifting a portion of its manufacturing from Vietnam.
"Yes, talks have begun with Indian EMS players, including their existing partners. Not just Samsung, all other companies with a base in Vietnam are exploring possibilities to shift some production to India," a source reportedly said.
It is pertinent to note that earlier this month the US administration announced the imposition of a 46% tariff on Vietn...
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