Indian electronics manufacturers forge more and more partnerships with companies from South Korea, Taiwan, Japan
Kolkata: Indian electronics manufacturers are increasingly forging partnerships with companies from South Korea, Taiwan, and Japan, or pursuing projects independently, seeking to navigate unpredictable geopolitical ties between New Delhi and Beijing that’s prolonging regulatory approvals for corporate alliances in both countries.
The shift also aligns with Prime Minister Narendra Modi government’s push over the past few years to diversify sourcing and technology partnerships beyond China as part of its strategy to build self-reliance in electronics manufacturing.
