India’s manufacturers cash in as brands seek refuge from US-China tensions
1 year, 3 months ago

India’s manufacturers cash in as brands seek refuge from US-China tensions

Al Jazeera  

Indian firms are capitalising on a push by leading brands to diversify their suppliers away from China. Dixon is among the many Indian firms capitalising on Prime Minister Narendra Modi’s bid to boost manufacturing in the country as global brands look to diversify their suppliers away from China amid political uncertainty and tensions between Washington and Beijing. “There’s a lot of tailwind for the industry with global brands looking at a China plus-1,2,3 strategy,” Saurabh Gupta, Dixon’s chief financial officer, told Al Jazeera, referring to firms’ preference to have several manufacturing bases to choose from in addition to China. However, Sunil Sinha, principal economist at India Ratings, said the real value addition is in manufacturing, not just assembling products, “and we are still pretty far off from that”. For that to happen, India needs to encourage small and medium businesses, the backbone of the country’s manufacturing sector, to become suppliers to large firms, Sinha told Al Jazeera.

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History of this topic

India must cash in on chip war
1 month, 1 week ago

India must cash in on chip war

Hindustan Times  

The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The US has tightened its grip on advanced chip sales to China, from restricting Nvidia and AMD’s AI chip sales in 2022 to planning additional controls on about 120 Chinese tech firms. The Biden administration’s sustained pressure …

How India can fix the Chinese imports problem
2 months, 3 weeks ago

How India can fix the Chinese imports problem

Live Mint  

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
6 months, 1 week ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

India’s rival is Vietnam in the game of attracting global manufacturers
10 months, 1 week ago

India’s rival is Vietnam in the game of attracting global manufacturers

Live Mint  

If India wants to build a robust computer and electronics manufacturing industry, it needs to shift focus, fast. The latest reminder of this urgency came last week with a US appeal for New Delhi to make the business environment easier and more transparent to navigate, or keep losing out on foreign direct investment. Though India is getting a lot of …

Why India Isn’t the New China
11 months ago

Why India Isn’t the New China

Live Mint  

China’s economy is struggling, but another Asian giant, neighboring India, is suddenly squarely on investors’ and manufacturers’ radar. India’s age-dependency ratio—a measure of the burden of child and elderly care on households—has fallen to 47 in 2022 from 82 in 1967, according to the World Bank. Only a third of India’s female working-age population was in the labor force in …

Toy manufacturers’ shift from China is no child’s play as bottlenecks stay
11 months, 1 week ago

Toy manufacturers’ shift from China is no child’s play as bottlenecks stay

The Hindu  

Toy makers grappling with surging costs in China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. “They said if you can get into toy manufacturing, now we’re looking to shift millions of dollars worth of product from China to India,” Rohit Hegde, Aequs’ head of consumer verticals, told Reuters. As of the first …

Who is better at making phones, India or China?
1 year, 3 months ago

Who is better at making phones, India or China?

Live Mint  

Apple’s iPhone 15 is the first made-in-India iPhone to be sold across markets right from launch. While iPhones were first made in India in May 2017, this is the first time that India’s assembly lines made the latest iPhone ahead of its launch. Brands such as Apple typically get finished products at mass scale weeks ahead of launch, which is …

India As Semiconductor Hub: Why China Challenge Is A Big Factor
1 year, 4 months ago

India As Semiconductor Hub: Why China Challenge Is A Big Factor

ABP News  

The Industrial Revolution 5.0 would not be here without the semiconductor chips. Chinese commentator Sima Nan, talking about Foxconn’s business plans in India, said: “Foxconn’s future lies in the acceptance of 'one country two systems' in a peaceful and prosperous world, there is no other way.” This was a warning not only to Foxconn but also to India, which seems …

Chinese Mobile Manufacturers Asked By Centre To Appoint Indian Executives In Key Positions
1 year, 6 months ago

Chinese Mobile Manufacturers Asked By Centre To Appoint Indian Executives In Key Positions

ABP News  

The Centre has requested Chinese mobile phone manufacturers operating in India to involve Indian partners in their local operations. Furthermore, the government has instructed these manufacturers to collaborate with Indian contract manufacturers, expand local manufacturing to the component level through joint ventures with Indian businesses, and engage local distributors. These developments arose from recent meetings conducted by the Ministry of …

Apple gets boost in India as China suppliers get nod
1 year, 11 months ago

Apple gets boost in India as China suppliers get nod

Live Mint  

More than a dozen of Apple Inc.’s Chinese suppliers are receiving initial clearance by India to expand in the country, helping the tech giant’s efforts to diversify its assembly network beyond China. The clearances from key Indian ministries are a step toward full approval for expansion in India, and the companies will still likely to be required to find local …

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18
2 years ago

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18

News 18  

Covid protests have gripped several cities of China, including Beijing and Shanghai, spilling over to Hong Kong with even Chinese embassies in global metropolises like London, Paris and Tokyo as well as universities in US and Europe. Can tensions surrounding China’s zero-Covid policy present an opportunity for India to rejig supply chain models? While the total global manufacturing value added …

Time for India as a product nation
2 years, 2 months ago

Time for India as a product nation

Live Mint  

An enabling ecosystem builds its own momentum. The next step is to build our products and get into product ownership to usher in a new era of Make in India products that are 100% repairable and upgradable and support the vision of a robust growth nation catering and supporting a circular economy to the global market as well. Next, the …

ABP Ideas of India | 'Start Using Indian Brands In Everyday Life' — Business Leaders On How To Make India Manufacturing Hub
2 years, 8 months ago

ABP Ideas of India | 'Start Using Indian Brands In Everyday Life' — Business Leaders On How To Make India Manufacturing Hub

ABP News  

ABP Ideas of India: The consumer will play a pivotal role in ensuring that India can truly become a global manufacturing hub in days to come, asserted the panel of speakers at ABP Network’s ‘Wild Stone presents Ideas of India Summit’ in Mumbai on Friday. Pradeep Aggarwal, Founder & Chairman, Signature Global Group & Chairman of ASSOCHAM National Council on …

How India-China investment tension affects India's economy
3 years, 8 months ago

How India-China investment tension affects India's economy

China Daily  

A vendor poses in front of his stall with a T-shirt bearing the logo of the video-sharing application TikTok in New Delhi on Tuesday, June 30, 2020. The restrictions did follow the disclosure in early April that the People's Bank of China bought a "1 percent stake in India's largest nonbanking mortgage provider HDFC Bank”, and that the move was …

‘Supply chain shift from China may benefit India’
3 years, 11 months ago

‘Supply chain shift from China may benefit India’

The Hindu  

India could benefit from the likely shift in global supply chains from China to other economies in the aftermath of the COVID-19 pandemic, according to a survey. Nearly 70% of the survey participants have said India could benefit from this move and they expect a fair share of manufacturing to shift from China to India in the near future,” said …

We should reinforce our red carpet with reforms
4 years, 3 months ago

We should reinforce our red carpet with reforms

Live Mint  

Even as we go eyeball-to-eyeball with China in Ladakh, the official word in Washington is of regret over US indulgence of capitalism with Chinese characteristics. Addressing the US-India Strategic Partnership Forum last week, he called upon American corporations to diversify their global supply chains and pitched India as an alternative to China. “The pandemic has also shown the world that …

Automakers, suppliers should join hands to make India manufacturing hub: Experts
4 years, 3 months ago

Automakers, suppliers should join hands to make India manufacturing hub: Experts

Live Mint  

NEW DELHI: India’s automakers and component manufacturers should strive to localise bulk of parts imported from China within the next few years to drive cost competitiveness and boost exports, senior industry executives and government officials said. India in retaliation resorted to increased inspection of consignments from China and levied import restriction on certain components like tyres which has adversely impacted …

Despite the messaging, it is still advantage China
4 years, 3 months ago

Despite the messaging, it is still advantage China

The Hindu  

Many U.S. companies as well as the analysts who advise them are cognisant of India’s goal of becoming an alternative supply source and investment destination to China. Despite New Delhi’s noted success in attracting Apple suppliers to India, many U.S. companies with experience working with China are not convinced that India has the PRC’s established industrial base and expertise. Yet, …

Why India could gain as firms move supply chains away from China
4 years, 4 months ago

Why India could gain as firms move supply chains away from China

Al Jazeera  

The Indian government has given incentives to electronics giants like Samsung to set up manufacturing plants. India’s latest set of incentives to entice businesses moving away from China seem to be working, with companies from Samsung Electronics Co. to Apple Inc.’s assembly partners showing interest in investing in the South Asian nation. Prime Minister Narendra Modi’s government in March announced …

Govt Welcomes Apple, Samsung's Local Manufacturing Move, Chinese OEMs Skip PLI Offer
4 years, 4 months ago

Govt Welcomes Apple, Samsung's Local Manufacturing Move, Chinese OEMs Skip PLI Offer

News 18  

Manufacturing partners of Apple and Samsung in India have announced their participation in India’s Production Linked Incentive offer to do away with India’s dependence on China. Speaking to the media on Saturday, August 1, union telecom minister Ravi Shankar Prasad said that the government has welcomed Apple and Samsung to make the most of India’s local manufacturing benefits, which has …

India not gained much from drop in Chinese exports to US: Rabobank
4 years, 5 months ago

India not gained much from drop in Chinese exports to US: Rabobank

Live Mint  

India has not gained much from a drop in China’s share in American imports, despite New Delhi’s close diplomatic relation with Washington and a recent push to boost its own local manufacturing base, a study by Rabobank shows. The South Asian nation saw only a slight increase of its share in shipments to the US last year, according to the …

On tech, India was naive. It has finally woken up | Opinion
4 years, 5 months ago

On tech, India was naive. It has finally woken up | Opinion

Hindustan Times  

The Chinese government banned Facebook in 2009. Chinese technology protectionism created a fertile ground for local start-ups by eliminating the threat of foreign predators. Data analysis enables everything from micro-targeting of That is why the top technology companies from both East and West, the monopolists and predators, see India as the juiciest of all spoils. This is why the Indian …

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