Indian electronics manufacturers have suffered $15 billion in production losses and 100,000 job cuts due to escalating tensions with China. Visa delays for Chinese executives are hindering the industry s expansion plans, leading to a $10 billion export opportunity loss and $2 billion in value addition loss. Government probes into Chinese companies operating in India have further impacted the sector.
Escalating tensions with China have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, multiple industry bodies have said in submissions to various ministries.
Component manufacturing, AI laws, top agenda for Vaishnaw financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Indian
Prime Minister Narendra Modi plans a raft of business-friendly
measures if he wins a third term this week, including pushing
through regulations making it easier to hire and fire.
Display manufacturing needs special attention, says ICEA financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.