New Delhi, April 1 -- Over the past few years, India has been trying to position itself as a leading destination for smartphone manufacturing with government offering incentives like the Production Linked Incentive (PLI) Scheme. However, a new report by Nikkei Asia (cited by 9to5Mac) states that the ongoing Iran conflict could derail India's booming smartphone exports.

Indian exports could be impacted by Iran conflict:

With the growing trade rivalry between US and China due to Donald Trump's reciprocal traffic and its aftermath, India has emerged as among the top alternative to diverify its manufacturing foortprint. Reportedly, this led with Indian government's own initatives pushing manufacturing has led to a surge in exports in the co...