PWC News
Wednesday, August 13, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

India’s Smartphone Industry Flags Informal Chinese Sanctions, Seeks Urgent Government Intervention

Home Business
Share on FacebookShare on Twitter


India’s high smartphone and electronics producers have raised alarm over what they describe as a sample of casual and focused commerce restrictions imposed by China, which they declare is placing India’s booming electronics manufacturing ecosystem in danger.

The letter, penned by the India Mobile & Electronics Affiliation (ICEA) to Ashwini Vaishnaw, Minister of Electronics and IT, and seen by NDTV Revenue, informs that corporations have recognized three main chokepoints which can be disrupting manufacturing, elevating prices, and threatening India’s export competitiveness.

First, producers say China has considerably restricted the export of high-precision instruments and tools utilized in electronics manufacturing to India over the previous eight months. These embody crucial capital items like heavy-duty boring machines, which at the moment are dealing with near-total export bans or customs delays. Trade gamers warn that importing such tools from alternate sources like Japan or South Korea is 3-4 instances costlier, instantly hitting India’s price benefit.

Second, there are rising curbs on the export of crucial minerals and uncommon earths, that are key uncooked supplies for smartphones and digital gadgets. The letter highlights that China’s dominance over these assets creates provide vulnerabilities for Indian factories, with only a few scalable or cost-effective alternate options.

Third, journey restrictions and the recall of Chinese language technical personnel working in India have additional sophisticated operations. These specialists are important for working Chinese language-origin equipment and facilitating expertise switch. Their pressured exit is impacting manufacturing ramp-ups and new product improvement.

The businesses have sought an pressing assembly with the federal government to debate coverage interventions that may safeguard India’s $64 billion smartphone trade and its broader ambition of turning into a world electronics hub.

They’ve requested focused assist to make sure provide chain continuity and value stability, warning that current export positive factors, of about $24.1 billion in FY25, at the moment are at severe threat on account of these coordinated disruptions by China.



Source link

Tags: ChineseflagsGovernmentIndiasIndustryinformalInterventionsanctionsseeksSmartphoneurgent
Previous Post

UK’s mid-sized firms at fastest growth since Labour elected

Next Post

Crypto Market Cap Hits $4T As House Passes GENIUS Act

Related Posts

Wendy’s Stock: Shares Selling At A Reasonable Discount To Its Current Price (NASDAQ:WEN)
Business

Wendy’s Stock: Shares Selling At A Reasonable Discount To Its Current Price (NASDAQ:WEN)

August 13, 2025
PM Modi likely to visit US, meet Trump in September: Sources
Business

PM Modi likely to visit US, meet Trump in September: Sources

August 13, 2025
India’s First AI Unicorn Fractal Files For 0-Million IPO
Business

India’s First AI Unicorn Fractal Files For $560-Million IPO

August 12, 2025
Tue: Gaza escalation concerns weigh on TASE
Business

Tue: Gaza escalation concerns weigh on TASE

August 13, 2025
Titan’s jewellery business holds market share; Q2 expansion to pick up pace
Business

Titan’s jewellery business holds market share; Q2 expansion to pick up pace

August 12, 2025
Clarity on global tariffs key to Tata Motors’ long-term valuation: Ashi Anand
Business

Clarity on global tariffs key to Tata Motors’ long-term valuation: Ashi Anand

August 12, 2025
Next Post
Crypto Market Cap Hits T As House Passes GENIUS Act

Crypto Market Cap Hits $4T As House Passes GENIUS Act

Datamaran Launches New ESG Strategy Management Platform – ESG Today

Datamaran Launches New ESG Strategy Management Platform - ESG Today

How we’re making better, smarter energy accessible for all businesses

How we’re making better, smarter energy accessible for all businesses

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Navigating The Geopolitical Cloud: ASEAN’s Diverse Approach To Digital Sovereignty
Market Analysis

Navigating The Geopolitical Cloud: ASEAN’s Diverse Approach To Digital Sovereignty

by PWC
August 13, 2025
0

The digital panorama in ASEAN is present process a profound transformation, pushed by a potent cocktail of digital sovereignty imperatives...

What I Wish I Knew About Leverage Before Losing My First Trade

What I Wish I Knew About Leverage Before Losing My First Trade

August 9, 2025
Acacia Research and Partners to Develop Bitcoin-Backed Commercial Loan Strategy – News Bytes Bitcoin News

Acacia Research and Partners to Develop Bitcoin-Backed Commercial Loan Strategy – News Bytes Bitcoin News

August 9, 2025
Retaliatory tariffs put Bick’s in a pickle despite its Canadian roots

Retaliatory tariffs put Bick’s in a pickle despite its Canadian roots

August 12, 2025
Lithium stocks surge after Chinese mine suspends production

Lithium stocks surge after Chinese mine suspends production

August 11, 2025
‘Perfect guy at the perfect time’: MAGA leader loves Trump’s new pick to oversee jobs data

‘Perfect guy at the perfect time’: MAGA leader loves Trump’s new pick to oversee jobs data

August 12, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.