India is serious about becoming a global electronics hub

While policy tensions remain, subsidies and reforms prove government commitment

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Prime Minister Narendra Modi, right, greets Foxconn Chairman Young Liu at a semiconductor conference in Gandhinagar, India in July.  © Reuters

Malavika Mysore is a Mumbai-based senior associate for South Asia at The Asia Group, a strategic advisory firm headquartered in Washington. Gopal Nadadur is the company's New Delhi-based vice president for South Asia.

India's manufacturing economy is undergoing a historic transition as the country emerges as a global hub for electronics production. Given the geopolitical and economic backdrop, policymakers have set an ambitious target of expanding this sector's output to $300 billion by mid-2026.

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