India Poised to Emerge as a Key Beneficiary in Supply Chain Shift from China
Photo by Navneet Shanu/pexels
🇮🇳 India Poised to Emerge as a Key Beneficiary in Supply Chain Shift from China.
India and the U.S. are collaborating on supply chains, with both nations recognizing the benefits of diversifying and strengthening them. Recent agreements on defense and critical technologies, along with e-commerce investments by Amazon, demonstrate India's growing importance in the global shift of supply chains away from China. Factors contributing to India's attractiveness include its large and fast-growing economy, trainable workforce, expanding middle class, and willingness to trade and invest. Geopolitically, India is a target of the Indo-Pacific Economic Framework, which aims to reduce reliance on China and encourage global sourcing from trusted economies.
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