Mostly India is doing just assembling and depend on imports, manufacturing electronic components is mostly untouched.
Mostly India is doing just assembling and depend on imports, manufacturing electronic components is mostly untouched.
India remains as an assembler of smartphones screens, camera modules, circuit boards all still coming from imports. Assembly is crowded and low value. Making the components is where the real money is and that space is almost untouched in India. Yes it is expensive for newcomers also great reward and government is supporting manufacturers with great schemes like PLI.