New Delhi. America Tariff Bomb on India: Trump Tariff has emerged a worrying news for India’s electronics manufacturing sector. The US has announced 25 percent import duty and additional temporary fine on all products imported from India since August 1. This decision may have a major impact on India’s iPhone production schemes and overall exports of electronic products. Significantly, this decision of America is considered a major setback at a time when India’s electronics sector is already struggling as China has stopped supply of major parties, machinery and technical professionals.
According to Navakendra Singh, Associate Vice President of IDC India, these tariffs will give a big blow to Apple’s strategy to make India Tariff Bomb On India. He said that about 25 ′ of Apple’s total iPhone sales, ie about 60 million units, are sold in the US annually. To meet this demand, it was necessary to increase production capacity in India, but new tariffs can now make this scheme difficult.
Apple plans to increase iPhone production in India from 3.5 to 4 crore units to 6 crore units by 2025-26. All the iPhones sold in the US in the April-June quarter were assembled in India and sent from the Foxconn in Tamil Nadu. New tariffs can obstruct these efforts.
China’s sanctions on raw material supply and technology have directly affected India’s manufacturing processes. Until alternative sources of supply are developed, this crisis will continue and production costs will increase. Semi India president Ashok Chandak said that if the American tariff becomes permanent, India can be competitively in harm compared to other Asian countries.
He advised that India should stop depending on America. Instead, he should work on finding new export markets, promoting indigenous brands and expanding the price chain to avoid such tariff crises in future. This decision can be a major examination for India’s ‘Make in India’ and ‘Self -reliant India’ campaigns.
