‘Make in India’ Spins the Wheel Amid Rising Chinese Imports

India’s electronics production has grown from around $30 billion in FY 2014-15 to $109 billion in FY 2023-24.
The ‘Make in India’ initiative, launched in 2014, aimed to transform India into a global manufacturing hub by promoting domestic production and reducing reliance on imports.  This initiative got a major fillip with Apple announcing that the manufacturing of AirPods for export at Foxconn’s Hyderabad plant will start in April, according to PTI. This move signifies a major shift in Apple’s supply chain strategy as it diversifies its production locations beyond China.  The decision also underscores Apple’s growing importance in the Indian market, both as a manufacturing hub and a consumer base. This will potentially create new jobs and economic opportunities in the region.  ‘Make in India’ aims to brand the country as a global competitor not only in sector
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Sanjana Gupta
An information designer by training, Sanjana likes to delve into deep tech and enjoys learning about quantum, space, robotics and chips that build up our world. Outside of work, she likes to spend her time with books, especially those that explore the absurd.
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