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Saturday, April 27, 2024

Bharat slowly taking export market share from China, study shows

“India slowly taking export market share from China, study shows”, Economic Times, February 28, 2024:

“India is chipping away at China’s dominance in electronics exports in some key markets as manufacturers diversify supply chains away from the world’s factory to other parts of Asia, a new study shows.

The impact is most pronounced in the UK and US, where geopolitical tensions with China have increased in recent years.

India’s electronics exports to the US as a ratio of China’s increased to 7.65% in November last year from 2.51% in November 2021, according to London-based Fathom Financial Consulting. In the UK, the share rose to 10% from 4.79%……”

Read the full article at Economictimes.Indiatimes.com

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