India emerges as top priority for global tech titans over China

tech.hindustantimes.com:

 In recent times, India has been making significant strides in the global tech manufacturing arena, with the introduction of Google's Pixel 8 manufacturing in the country. This development marks a pivotal moment in India's journey toward becoming a top-notch manufacturing hub for cutting-edge mobile technology, The Washington Times reported.

Google's move aligns seamlessly with the broader trend of global tech giants, including Apple and Samsung, expanding their manufacturing operations in India, solidifying the nation's role in the global supply chain.

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For instance, Apple has been assembling iPhones in India, a strategy that has proven mutually beneficial. This localization not only enables Apple to meet local demands efficiently but also mitigates the impact of import duties. Similarly, Samsung has established the world's largest mobile phone manufacturing facility in India, showcasing the nation's capacity to cater to the production needs of global tech giants, The Washington Times reported.

Alphabet Inc's Google decision to manufacture its flagship Pixel 8 smartphone in India underscores the growing allure of the country as a manufacturing destination. Google has emphasized India as a priority market for Pixel smartphones, expressing its commitment to delivering the best of its hardware and software capabilities to the Indian populace. This move by Google is part of a broader shift in the global supply chain dynamics, particularly from China to India.

The transition in supply chain dynamics is evident, with a report revealing a remarkable 400% increase in U.S. and European greenfield investment in India between 2021 and 2022, while investments in China decreased significantly