INDIA MARKET LENS
◆ MixedEnergy Transition

From synthetic graphite to PCBs: Ashwini Vaishnaw says India is going deeper into smartphone manufacturing

A energy transition development with market-wide reach.

26 Sept 2026 · Business Today Mkts

Minister Ashwini Vaishnaw said India is moving beyond smartphone assembly to manufacturing more components and materials used inside devices. He highlighted synthetic graphite, battery additives, acetylene black, cameras, displays, PCBs and connectors as part of the country’s deeper electronics manufacturing push.

The shift to renewables is redrawing which energy names are structural winners versus stranded.