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Saturday, April 13, 2024

Bharat comes full circuit: Global tech giants set sights on the country for electronics production

“India comes full circuit: Global tech giants set sights on the country for electronics production”, Economic Times, March 3, 2024:

“Have you ever thought about how much goes into making the smartphone that is your window to the world? Here’s some food for thought: As per a report by the White House, a semiconductor chip, that is used within the Bluetooth and Wi-Fi component of your phone, could’ve crossed international borders as many as 70 times before it reached you.

And this entire process can take up to 100 days, 12 of which are spent in transit between various supply chain steps. And this is just one tiny component that makes up the lifeline of the digital world. Components are as critical as the final device. But most of the components currently come from countries such as Taiwan, China, South Korea and the US. This is going to change soon, however.

India’s ambitions of becoming a global electronics manufacturing hub rests on one critical factor: Component makers setting up shop in India, thereby laying a solid foundation for the electronics manufacturing and chip industry to take off in a big way. Apple’s largest suppliers Foxconn and Pegatron already have large operations in India…..”

Read the full article at Economictimes.indiatimes.com

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