Electronics makers shop for cos to tap western clients

Indian contract manufacturers of electronics goods are acquiring or partnering with companies globally to get access to their clients in the US, Europe and other markets, trying to tap into the opportunity from the tariff turmoil that has triggered a search for alternative supply chains.

They are also using this opportunity to acquire new technologies and capabilities, which would otherwise take years to develop in-house even as there is uncertainty over how long India’s tariff advantages will last amid intense trade talks among countries. The development aligns with the government’s push for self-sufficiency in electronics manufacturing and increasing exports from India.