New Delhi, April 8 -- April 8 :With China facing a 34 per cent US tariff and Vietnam 46 per cent, India's relatively lower tariff of 27 per cent may shift supply chain dynamics, helping the domestic tech hardware sector grow further, according to a new report. India's electronics manufacturing, especially smartphones, are set to gain a competitive edge as the US imposes tariffs on electronics imports from key countries, says a CLSA report.

The shift in the global supply chain could favour India, particularly in the smartphone manufacturing segment, it added. Smartphones account for $51 billion worth of imports for the US, with China, Vietnam and India being key sources, according to the global broakrage. Apple and Samsung already have r...