India replaces China in US smartphone supply chain, captures 40% share: Report

New Delhi [India], April 17 (ANI): India has emerged as a key supplier of smartphones to the United States, meeting about 40 per cent of the demand that was earlier fulfilled by China, according to a recent report by McKinsey & Company.The report highlighted that the United States has been actively diversifying its import sources and managed to replace about two-thirds of the goods it previously sourced from

4/17/2026 2:01:20 AM Read more