How COVID-19 Affects The Indian Electronics Industry
📊Executive Summary
The COVID-19 pandemic has significantly impacted the Indian electronics industry due to its heavy reliance on imports from China, which has faced extensive lockdowns. With approximately 18% of India's merchandise imports coming from China, the disruption in supply chains has led to severe challenges for Indian manufacturers, particularly MSMEs. The article discusses the potential for India to emerge as an alternative manufacturing hub as companies seek to diversify their supply chains away from China. However, the immediate effects of the pandemic have resulted in a critical supply chain disruption, affecting production and worker willingness to handle imported goods from China....
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