Brief by Shorts91 Newsdesk / 01:55pm on 25 May 2026,Monday India Global
China’s new export restrictions have raised concerns for India’s fast-growing electronics industry. The new rules limit exports of critical machinery, minerals and technologies needed for manufacturing. Industry experts fear this could delay factory expansion and increase dependence on Chinese supply chains. India’s electronics exports have grown from $8.6 billion in 2015 to $47 billion in 2025, with the government targeting $120 billion by the end of 2026. Commerce Minister Piyush Goyal said the government is preparing plans to reduce dependence on certain countries. Companies are now pushing for stronger local manufacturing and supply chains.