The India opportunity: Developing resilient electronics supply chains
Recent geopolitical realignments have caused global economic uncertainty. Supply chain disruptions worsened after the Ukraine conflict, highlighting the vulnerability of the economy due to reliance on few countries for critical materials. The US-China trade conflict and technology trade politics add to the uncertainty. The report discusses India's ESDM sector's strategic importance and growth potential. Authors from ORF analyze these issues.
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FAQs: The India opportunity: Developing resilient electronics supply chains
Frequently Asked Questions
1. What is the focus of Soumya Bhowmick’s research at the Observer Research Foundation?
Soumya Bhowmick is an Associate Fellow at the Centre for New Economic Diplomacy at the Observer Research Foundation. His research focuses on developing resilient electronics supply chains in India.
2. Why is India considered an opportunity for developing resilient electronics supply chains?
India is considered an opportunity for developing resilient electronics supply chains due to its growing technology sector, potential for increased manufacturing capacity, and strategic position to be an alternative or complementary hub to existing supply chain networks.
3. How does the partnership between countries like the United States and India help in creating resilient supply chains?
Partnerships such as the one between the United States and India aim to create secure and trusted telecommunications, resilient supply chains, and enable technological collaboration. This strategic cooperation can lead to diversified and secure supply sources. (source)
4. Has India made any recent deals to strengthen its semiconductor supply chains?
Yes, India recently signed a deal with Japan to boost resilience in the semiconductor supply chain, highlighting its ongoing efforts to collaborate with international partners in fortifying its position in the global electronics market. (source)
5. How does research and development contribute to the strength of electronic supply chains?
Research and development are critical for advancing technology, creating innovative products, and ensuring the capability to produce advanced components domestically, as suggested by the 100-day supply chain review report which highlights the importance of R&D in power electronics and other fields. (source)
6. What role do organizations like ORF play in enhancing supply chain resilience?
Organizations like the Observer Research Foundation (ORF) conduct research and provide insights that are essential in shaping policies, collaboration, and strategies aimed at creating more resilient supply chains. This includes studies and reports such as "The India opportunity: Developing resilient electronics supply chains".
7. What can be a potential outcome of such research initiatives by ORF and PwC concerning India's electronics supply chains?
Such research initiatives can inform policy-making, attract investments, and lead to strategic partnerships that bolster India's capacity and reliability as a key node in the global electronics supply chain.
Please note that for in-depth answers, additional information or the full context of the research conducted by the Observer Research Foundation, you should refer to the actual report, which can be found at ORF's website and potentially on PwC's site (if available).