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2024

Industry executives a worried lot: Why India-China tensions are equal to a big headache for electronics makers

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Industry executives a worried lot: Why India-China tensions are equal to a big headache for electronics makers

Indian electronics manufacturers have suffered $15 billion in production losses and 100,000 job cuts due to escalating tensions with China. Visa delays for Chinese executives are hindering the industry's expansion plans, leading to a $10 billion export opportunity loss and $2 billion in value addition loss. Government probes into Chinese companies operating in India have further impacted the sector.