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business reporter electronics exports from india to the us jumped over two-fold year-on-year to usd 6.6 billion during january-september 2023, industry body icea has said. india cellular and electronics associatio
India's electronics exports to the US have more than doubled to $6.6 billion from January to September 2023, reaching an all-time high. The share of electronics imported from China into the US has decreased. The bilateral electronics trade between India and the US has also seen a significant increase. The Indo-US Task Force for Electronics aims to elevate India's position in the US electronics market.
The AFATDS program has been used by troops for years to coordinate mortars, guided missiles, close air support and more.
Normally, customs duties or tariffs are used as a policy tool to ensure a higher level of protection for certain sectors to boost domestic manufacturing.
Companies in the sector have been pushing for cuts on nearly a dozen components to reduce the cost of making smartphones in India and level up the playing field with regional competitors such as China and Vietnam, , mobile manufacturing, import duty