
Murata's Strategic Shift: Aiming for New Horizons in Indian Supply Chain
In a significant move reflecting the ongoing transformation of global supply chains, Murata Manufacturing Company, a key supplier of components for the iPhone, has announced its plan to expand operations and supply chain activities in India. This decision comes amid increasing pressures on manufacturers to diversify their production bases away from traditional strongholds in China.
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India Takes Bold Step to Boost Electronics Manufacturing by Reducing Import Taxes
In a significant move aimed at bolstering its domestic electronics production, the Indian government has announced a reduction in import taxes on a range of electronic components. This decision marks a strategic effort to enhance local manufacturing capabilities and make India an attractive hub for electronics production amidst increasing global competition.
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India's Ambitious $3 Billion Aid Package to Boost Electronics Sector
India is gearing up to unveil a robust initiative aimed at revitalizing its electronics manufacturing industry, with plans for approximately $3 billion in tariff cuts. This move is part of a comprehensive strategy to bolster domestic production while making the country a significant player in the global electronics market.
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Biden and Modi Unveil Plans for a New Semiconductor Plant in India
US President Joe Biden and Indian Prime Minister Narendra Modi have just announced one of the most important pieces of news in technology circles-a new plant that will open in India to make semiconductor manufacturing. This move is strategic, setting up a broader US-India collaboration aimed at firming up supply chains and making less dependence on Chinese-made components.
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