New Delhi, Aug. 8 -- India's electronics sector could lose betweenUSD 20-30 billionin potential business as the United States prepares to impose higher tariffs on a wider range of products.
Industry experts warn that semiconductors could be next in line, adding to the pressure on exporters.
Smartphones, which form the largest share of India's electronics exports, are likely to be spared from the tariff blow, mainly due to potential exemptions for Apple and Samsung.
Both companies have made major investments in the US and continue to maintain large-scale manufacturing operations in India. However, other categories-such as inverters, chargers, and transformer components-could face significant setbacks.
In 2024-25, India exportedUSD 14.6...
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