The ongoing tensions between India and China are severely impacting India’s electronics manufacturing industry, leading to significant economic losses and job cuts. Here’s a summary of the situation: Key Losses: $15 billion production loss: The Indian electronics sector has suffered a substantial decline in production over the past four years, primarily due to issues stemming from geopolitical tensions with China. 100,000 job losses: As a result of these challenges, the industry has also lost about 100,000 jobs during this period. Export opportunity loss: India missed an export opportunity worth $10…
Electronics Sector Faces $15 Billion Hit, 1 Lakh Jobs Lost Amid Tensions with China
