Business Standard

India's aversion to Chinese investments and how geopolitics impacts PLI

India's stringent restrictions on Chinese investments have hampered the creation of a robust supplier ecosystem for mobile and IT device makers

PLI scheme, electronics, smartphone, mobile, manufacturing

Building home-grown companies from scratch is a possibility but a long drawn process

Surajeet Das Gupta New Delhi
A few days ago, Vietnamese Prime Minister Pham Minh Chinh met Apple Inc CEO Tim Cook at the latter’s headquarters in Cupertino, California, to urge the consumer electronics giant to step up business in their country. Reportedly, as many as 31 companies with a workforce of over 160,000 are producing various components and electronics for different Apple products. Cook assured Pham that Apple would consider increasing the number of domestic suppliers from the country and involve them in the global giant’s supply chain.

Vietnam clearly means business — it has successfully attracted Samsung to shift its mobile business from China,

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First Published: May 30 2022 | 6:10 AM IST

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