The big tech giant, Samsung, is considering India as its next production hub due to increased tariffs imposed on Vietnamese imports by the U.S. Samsung, which nearly produces half of its smartphones and tablets in Vietnam, may look to India as a more effective and strategic alternative.
India has emerged as a strong contender in electronics manufacturing, backed by its Production Linked Incentives (PLI) scheme, which offers financial incentives to companies investing in local production. Samsung already operates the world’s largest mobile factory in Noida, Uttar Pradesh and expanding operations there would align with its broader supply chain diversification goals.
Apple and Google have already started assembling flagship models in India. Apple now manufactures 20% of the world’s iPhones in India. Google has also recently begun producing Pixel smartphones locally.
India’s electronic exports in FY2024 stood at $29.2 billion, which is far lower than Vietnam, which was $142 billion. However, India is working to improve its infrastructure, expand the EMS ecosystem, and implement policy incentives, which are drawing increased attention from global manufacturers.
No formal announcement has been made by Samsung regarding this yet.
The U.S.’s new tariff hits the world hard, especially Southeast Asian countries. Trump has imposed a staggering 46% tariff, which is affecting electronics manufacturing and other sectors.
