India Ready to Steal the Chip Spotlight Amid Trump's 25% Tariff Roll Out

The United States' decision to impose a 25% tariff on semiconductors from April 2 has sent ripples through the global tech industry. India, an upcoming player in the semiconductor landscape, finds itself in a unique position to potentially capitalise on this decision. While the US and other major semiconductor players grapple with the fallout, India remains relatively shielded. Ashok Chandak, president of the India Electronics and Semiconductor Association (IESA), noted that India is unlikely to experience major short-term consequences. Given it is not a major semiconductor exporter to the US, India's import duty on semiconductors is already zero, eliminating reciprocal…