Impetus To Ramp Up Domestic Manufacturing

Impact of pandemic on supply chain is evident in every sector and it is causing governments to boost local manufacturing capabilities. In India, this shift is more pronounced in the fields of electronics, medical devices, and pharmaceuticals. Electronic equipments market in India comprises a huge import from China. With the disruption of supply chain, India’s dependence on Chinese suppliers has manifested itself in an unimagined way. Electronics import in India is 10-11 percent of its total imports. Out of the total imports from China, 36 percent consists of electrical equipment, telecom devices, audio and video recorders.

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