India’s chip imports continue to be dominated by China, which supplied nearly 30% of integrated circuits and microassemblies worth US$5.8 billion from April to November FY26, official data shows.

Hong Kong, under Chinese control, contributed 18.5%, amounting to US$3.7 billion, with both sources increasing their shipments by 3.5% and 10%, respectively.

Imports from the US surged to US$1.3 billion from US$505 million, while shipments from Taiwan declined by 21%, marking a drop from its previous position as India’s third-largest supplier.

Overall, India sourced chips from 64 countries during this period, down slightly from 65 last year.

The data indicates a shift in trade flows, with efforts ongoing to diversify supply sources amid geopolitical and economic considerations.

🔗 Source: The Economic Times