US tariff hit on India: Electronics sector faces $20–30 billion potential loss; semiconductors could be next in line
India’s electronics sector could face a major hit, with potential losses of $20-30 billion in future business opportunities due to US tariffs, which may expand to include semiconductors, according to industry experts and company executives. Despite Apple and Samsung likely receiving tariff exemptions, including 100% semiconductor tariffs, due to their planned US investments and existing…