📊Executive Summary

India's electronics sector faces potential losses of $20-30 billion due to proposed U.S. tariffs aimed at reducing reliance on foreign supply chains. Analysts warn that including semiconductors in these tariffs could significantly impact India's ambitions to become a global electronics manufacturing hub. The tariffs may deter global manufacturers from investing in India, making cost structures uncompetitive for exports to the U.S. The Indian government is closely monitoring the situation and may explore diplomatic channels to mitigate the fallout. This situation poses risks for procurement teams as they navigate potential changes in sourcing strategies and costs....