Poging GOUD - Vrij
Electronics mfg in India gets shot in the arm amid US tariff talks
The Morning Standard
|May 02, 2025
WITH the Trump administration's announcement of reciprocal tariffs in April 2025 targeting multiple countries, India appears to have an edge over others, particularly in the electronics sector.
This advantage stems from relatively lower tariffs imposed on Indian goods, especially compared to other major manufacturing hubs like China and Vietnam.
For this reason, within a month of the announcement, global technology giants such as Apple, Google, and Samsung have expressed strong interest in expanding or shifting their manufacturing operations to India.
For instance, Apple has officially announced that all iPhones sold in the US will be imported from India, meaning the US market will rely solely on India-made iPhones for domestic consumption.
India-made iPhones account for only 8.5% of the phones sold in the US currently, with China accounting for three-fourths of the sales.
Dit verhaal komt uit de May 02, 2025-editie van The Morning Standard.
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