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India seen as major beneficiary as supply chains migrate from China
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Welcome To IANS Live - BUSINESS - India seen as major beneficiary as supply chains migrate from China
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"In India we see a tripling of the manufacturing base by 2031 with its share of GDP rising from about 16% to 21% over the same time horizon," the report stated
New Delhi, June 14 (IANS) More global companies are taking supply chain diversification seriously. Companies are increasingly highlighting the benefi
More global companies are taking supply chain diversification seriously. Companies are increasingly highlighting the benefits of 'friend-shoring' their supply chains in order to better insulate from geopolitical challenges. "We see India, Mexico and Southeast Asia as best positioned for this transition. India and Mexico are two economies that stand to benefit from increasingly local supply chains," Morgan Stanley said in a report. Morgan Stanley.
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