Government’s Focus on Self-Reliance in Tech
India’s push to become a global hub for smartphone manufacturing and semiconductor production remains on course despite ongoing uncertainties over import tariffs. The government has reiterated its commitment to strengthen local manufacturing capacity under the Make in India and Production-Linked Incentive (PLI) schemes, aiming to reduce dependency on imports while boosting exports.
PLI Scheme Driving Industry Confidence
Industry leaders say the PLI program continues to attract significant investment from global tech giants, particularly in smartphone assembly and chip manufacturing. Companies like Apple, Samsung, and major semiconductor firms are expanding operations in India, lured by policy incentives and the promise of a vast domestic market.
Tariff Decisions Await Final Clarity
Concerns remain over possible changes in import duty structures for key electronic components, which could impact manufacturing costs. Officials suggest that tariff policies are being carefully reviewed to strike a balance between encouraging local production and ensuring competitive pricing for consumers.
Semiconductor Push Gains Global Attention
India’s semiconductor mission has drawn interest from major chipmakers looking to diversify supply chains beyond China and Taiwan. Proposed fabrication plants, backed by both domestic and international players, are expected to strengthen India’s position in the global semiconductor ecosystem over the next five years.
Balancing Growth and Affordability
While the policy push is generating momentum, industry stakeholders warn that sudden tariff hikes could risk slowing adoption rates in India’s price-sensitive market. The government has assured stakeholders that decisions will be taken with long-term sustainability in mind, ensuring that both manufacturers and consumers benefit from the country’s tech growth story.