Electronics industry flags ‘strategic risk’ amid China’s rare earth clampdown; PMO steps in: Report

The electronics industry has sounded an alarm to the government flagging what it calls “informal sanctions” imposed by China on the export of rare earth materials, a CNBC TV18 report stated, citing sources. Industry bodies said that the restrictions and even the recall of Chinese technical personnel from Indian factories, are posing a grave threat to the nation’s ambitious export-linked smartphone manufacturing target of $32 billion for FY26.