India's Electronics Industry Targets Localization to Cut Import Reliance
1 day agoBusiness
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India's Electronics Industry Targets Localization to Cut Import Reliance

India's electronics industry aims to reduce import dependence, especially from China, by focusing on localizing sub-assemblies, bare components, and capital equipment. Key targets include mobile phone enclosures, display and camera modules, advanced PCBs, and Li-ion cells. The strategy involves import substitution with a future goal of increasing exports, supported by a comprehensive localization roadmap for the supply chain.

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