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Make in India Meets Tariff Wall
BW Businessworld
|April 19, 2025
INDIA’S ambitious drive to become a global technology manufacturing powerhouse is confronting a significant hurdle.
The US government is implementing a steep 26 per cent reciprocal tariff on goods imported from India, effective April 9th, 2025. This move threatens established supply chains for tech giants like Apple, potentially leading to higher consumer prices, and casts uncertainty over the expansion plans of semiconductor firms such as Nvidia and Intel in the country.
iPhone Exports Under Pressure
iPhones manufactured in India and destined for the US market face this new tariff. Neil Shah, VP-Research, Counterpoint Research, highlights the risk: “If the higher tariffs continue for India-manufactured iPhones, it might have implications on the overall demand of iPhones in the US as they will become costlier,” potentially affecting production volumes.
यह कहानी BW Businessworld के April 19, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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