India bets billions on breaking China’s grip on smartphone manufacturing

India has launched a $6.5 billion program to boost smartphone manufacturing in the country, aiming to reduce its dependence on Chinese imports. The initiative is part of a broader effort to deepen India's electronics supply chain, which also includes a $13.3 billion push into semiconductor production. This move is expected to help India break into the global smartphone manufacturing market, currently dominated by China. India's investment is seen as a strategic attempt to challenge China's grip on the industry.

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