BS Manthan: Electronics industry faces 'Y2K' moment, says Dixon's Vachani

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BS Manthan: Electronics industry faces 'Y2K' moment, says Dixon's Vachani - Business Standard

Quick Summary:

The expected changes in tariff structures imposed or likely to be imposed by the United States on China and some other nations present India with an unprecedented opportunity, Vachani said.“The US imports LED televisions worth about $10 billion.

For example, while some say that domestic value addition in India is only 20 per cent, even in countries like Vietnam, where mobile phone production is much higher, the total value addition is only about 25 per cent.

Apart from that, the company plans to launch another plant for manufacturing camera modules, which account for 7-8 per cent of a mobile phone’s total value, he said.