India has announced a massive $6.5 billion initiative to boost smartphone manufacturing alongside a $13.3 billion push into semiconductors, aiming to significantly reduce reliance on China's supply chain dominance. This dual investment strategy marks a pivotal shift in global electronics manufacturing, positioning India as a key alternative hub for both device assembly and component production.
Background
China currently dominates the global smartphone manufacturing ecosystem, particularly in component sourcing and assembly. India is actively leveraging production-linked incentive schemes to attract multinational tech firms and diversify the global supply chain away from Chinese dependency.
- Source
- TechCrunch
- Published
- Jul 15, 2026 at 10:39 PM
- Score
- 8.0 / 10