Amid rising US-China trade tensions, Chinese electronics component makers are slashing prices for Indian buyers to offset a sharp drop in US demand. With tariffs on Chinese goods soaring up to 125%, manufacturers offer Indian firms up to 5% discounts—unprecedented in an industry with tight margins.
Indian appliance and smartphone makers see this as a cost-saving opportunity, potentially lowering production expenses by 2–3%. Many are looking to lock in long-term deals as they renegotiate contracts for the new fiscal year.
India’s growing manufacturing sector, bolstered by the "Make in India" initiative, stands to benefit from this shift, though experts caution against over-reliance on Chinese suppliers. For now, Indian firms are capitalizing on newfound bargaining power to boost competitiveness and possibly pass savings to consumers.
Disclaimer: The insights and perspectives shared in this article are based on industry sources and expert analysis and do not necessarily reflect the views of Procapitas News or its management. Readers are advised to consult certified professionals before making business or investment decisions.