Try GOLD - Free
Electronics: The assembly boom, the component gap
Financial Express Delhi
|July 06, 2026
China still powers India’s strategic industries. A four-part series maps the dependencies — and the road out
INDIA'S ELECTRONICS EXPORTS hit a record nearly $48 billion in FY26, cementing the country’s emergence as a global smartphone manufacturing hub. Smartphones alone accounted for over $31 billion of exports, driven by Apple’s expanding manufacturing footprint and rising shipments to the US and Europe.
Yet, the export success masks a deeper reality: much of the value inside those devices still comes from China. Semiconductor chips, display assemblies, camera modules, printed circuit board inputs, connectors, sensors, manufacturing equipment and several industrial inputs continue to be imported, underscoring the gap between assembling electronics and building a self-sustaining manufacturing ecosystem.
This story is from the July 06, 2026 edition of Financial Express Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Delhi
Financial Express Delhi
‘Markets have limited downside and much higher upside’
The Indian stock market has gone through a tough phase for almost two years now. However, Raamdeo Agrawal, chairman and co-founder of Motilal Oswal Financial Services, believes that after going through a perfect storm, things are likely to change sooner rather than later.
4 mins
July 06, 2026
Financial Express Delhi
Electronics: The assembly boom, the component gap
China still powers India’s strategic industries. A four-part series maps the dependencies — and the road out
3 mins
July 06, 2026
Financial Express Delhi
Govt seeks global capital for infra, net-zero goals
MODEL OF INDIA-JAPAN FUND TO BE USED FOR OTHERS
2 mins
July 06, 2026
Financial Express Delhi
A quieter mouse for everyday use
THOSE CONSTANT MOUSE clicks can quickly become a distraction, especially in shared workspaces or during video calls. The Rapoo M650 Silent Multi-Mode Wireless Mouse tackles that problem with a quiet click mechanism that makes everyday work less disruptive.
1 min
July 06, 2026
Financial Express Delhi
Strict norms set for duty benefits under UK FTA
FARM ITEMS MUST BE WHOLLY LOCAL
2 mins
July 06, 2026
Financial Express Delhi
When skincare gets a glow-up
DIRECT-TO-CONSUMER (D2C) START-UP Innovist shot into the big beauty league recently when L'Oreal announced a majority stake in the company with a deal valued at around ₹4,000 crore.
2 mins
July 06, 2026
Financial Express Delhi
Fifteen India-bound vessels with fertilisers cross Hormuz safely
IN A MAJOR boost to soil nutrient supplies, 15 vessels carrying over 0.7 million tonne (MT) of fertilisers and raw materials — urea, di-ammonium phosphate (DAP) and sulphur — have crossed the Strait of Hormuz and are expected to reach Indian ports soon.
1 min
July 06, 2026
Financial Express Delhi
Govt's biofuel push under pressure
THE GOVERNMENT'S ACCELERATED shift to petrol with a higher percentage of ethanol has angered drivers, whose complaints include weaker fuel efficiency, higher maintenance costs and engine corrosion.
1 mins
July 06, 2026
Financial Express Delhi
Leverage that house of yours
In a loan against property, the bank will lend up to 60% of the property value and will not ask for an end-use proof.
1 min
July 06, 2026
Financial Express Delhi
Companies brace for wider AI cyber risks
EXECUTIVES SAID THOSE allocations are likely to increase as companies deploy AI applications, migrate more workloads to the cloud and navigate a rapidly evolving threat landscape.
2 mins
July 06, 2026
Listen
Translate
Change font size