Unlike competing nations such as Vietnam, Malaysia and Mexico, India has failed to push electronics exports to the US by exploiting the latter’s imposition of a punitive 25 per cent duty on key Chinese electronics imports from 2018 .
As China saw its electronics exports fall by $29 billion in the last four years as a direct result, the punitive duty created an opportunity for other countries to replace China in the US. Yet, according to a note presented to the government by the Indian Cellular Electronic Association (ICEA), India’s electronics exports to the US in absolute terms went up by a mere $3.2 billion between 2018, when they stood at $1.3 billion, to $4.5 billion in 2022.
In contrast, Vietnam experienced a surge in exports in absolute terms of $39. 3 billion in the same period. The increase for Malaysia was $7.9 billion and for Mexico $20.4 billion. If Taiwan is added, its electronic exports also went up by $30.5 billion in thes
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