China’s informal trade restrictions threaten India’s $32 bn smartphone export target, warns industry body

New Delhi: India’s electronics industry has raised the alarm over informal trade restrictions by China, saying this could dent the country’s competitiveness and threaten the $32 billion smartphone exports target for this fiscal year.

In a recent letter to the government, the industry said China’s actions are solely aimed at crippling India’s supply chains and undermining its rise as a global manufacturing hub. The curbs are triggering delays while inflating costs for manufacturers.