Sourav ShekharNew Delhi, Feb. 10 -- India's electronics industry welcomed the India-US trade deal and expected it to open up opportunity of market expansion for electronics and semiconductor products in the global marketplace, especially for MSMEs.
Sectorally, the industry feels, the trade pact will enable advanced partnerships in Semiconductors, design and IPs. It will also provide Indian companies access to electronic components such as IC substrates, sensors and microcontrollers, carbon fibres and some specialty materials.
Sharing insights on this deal, Rajesh M Revankar, Vice Chairman Electronics and Computer Software Export Promotion Council (ESC) said, "The India-US Free Trade Agreement (FTA) envisages tariff reductions for Indian e...