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High import duties likely more than enough to incentivize local assembly. Whether India can translate ~10$ assembly per device into grabbing rest of supply chai
by dirtyid 4y ago
High import duties likely more than enough to incentivize local assembly. Whether India can translate ~10$ assembly per device into grabbing rest of supply chain and moving up value chain is another question. West somewhat proactively ceded manufacturing to PRC, PRC who dominants Apple's supplier list is not going to make the same mistake by ceding unrestricted to India, preferring instead to spread some capacity in ASEAN where they have more influence. IMO countries can only do so much to attract, especially when others are reluctant to relinquish.