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electronics

New record! Apple’s India vendors export $2.5 billion components to China; may reach $3.5 billion under ECMS

Experts say the surge in electronics exports represents an unexpected boost from the smartphone production-linked incentive scheme. (AI image) In a big achievement for the government’s electronics component manufacturing scheme (ECMS), Apple’s India vendors have already exported a record $2.5 billion components to China. The development also signals a shift from the earlier pattern, where...
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‘Concerns should be addressed bilaterally’: No need for unilateral 301 probe, India to US

NEW DELHI: While rejecting the US Trade Representative’s claims for section 301 investigations against India, govt has said that concerns should be addressed bilaterally, when negotiations for a trade agreement are underway, and not through unilateral measures.After the setback on reciprocal tariffs in the Supreme Court, the Trump administration had initiated two section 301 probes...
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