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He explained that the industry had expressed concern that import of capital goods, critical for electronics manufacturing, were being constrained. Industry players like Foxconn had raised concerns that capital equipment, which were being imported from China, were held up in multiple ports in China for several months.
The industry had expressed concern that while the delays had not impacted production yet, any further disruptions could jeopardise future production and expansion plans.
The MEITY Secy clarified, that there doesn’t appear to be any formal restriction announced by China. But, he also did no rule out that the disruptions may have been a result of an informal nudge by Beijing.
The disruption in supply of critical equipment from China, comes amidst India taking adopting a tougher stance against Beijing’s economic interests. India initiated action, post the Galwan clashes, in the form of banning multiple apps, based out of China.
India has also introduced a “trusted source” policy for telecom equipment, aimed at the Chinese. India also tweaked its FDI policy, subjecting Chinese investments to additional scrutiny and approvals. There have also been reports of India restricting visas for Chinese officials.
Interestingly, the delays from China in clearing critical equipment, comes at a time when Apple, through Foxconn, is planning to begin manufacture of AirPods in India in 2025.
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(Edited by : Anand Singha)
