📊Executive Summary

Indian electronics manufacturers are facing significant challenges due to new U.S. tariffs of up to 50% on various electronic goods, which threaten to reduce India's competitiveness against China. While key exports like smartphones and laptops are currently exempt, there are concerns that tariffs could soon extend to semiconductors, which are crucial for electronics manufacturing. In response, Indian companies are halting local expansion plans and exploring new international markets to mitigate risks. The Indian government is launching a ₹20,000 crore Export Promotion Mission to support manufacturers in enhancing their global competitiveness. This situation presents both challenges and opportunities for restructuring supply chains and forging new trade partnerships, particularly in Southeast Asia, the Middle East, and Africa....