India bets billions on breaking China’s grip on smartphone manufacturing
India is making a big push to reduce its reliance on China for smartphone manufacturing by investing $6.5 billion in the sector. Alongside, a $13.3 billion initiative aims to bolster its semiconductor industry. This strategic move is part of a broader effort to establish a self-sufficient electronics supply chain. By doing this, India aims not only to cut costs but also to secure its technological independence in a world increasingly dominated by Chinese manufacturing. This could reshape global supply chains and influence geopolitics in the tech world.
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