Apr 17 (BNP): India has significantly strengthened its position in the US smartphone supply chain, capturing around 40 per cent share and emerging as a major manufacturing hub, according to a recent report.
The shift reflects a broader realignment in global supply chains, with companies diversifying production away from China and increasingly turning to India for manufacturing and exports.
The report highlighted that India’s growing role is supported by government initiatives, improved infrastructure, and rising investments in electronics manufacturing.
This transition marks a notable change in global sourcing strategies, as companies seek more resilient and diversified supply chains amid geopolitical and economic considerations.
Industry experts believe that India’s expanding manufacturing ecosystem and policy support will continue to drive its growth as a preferred destination for smartphone production and exports.
