TTK Group
News & Updates
Jun 29, 2020
Digital and Digital Category 2
95% appliances now made in India; dependence on China for components not to go down from China
Around 95 per cent of consumer electronics and appliances sold in India are produced locally, although dependence on China for components still ranges between 25-70 per cent which will be difficult to reduce overnight, according to industry body CEAMA.
Consumer Electronics and Appliances Manufacturers Association (CEAMA) said even before the call to boycott Chinese products, various companies had already started to look for alternative sources due to disruptions of supplies following the coronavirus-induced lockdown in China.
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