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Home > All news > Business, Economy, Export Import > India benefits from Global Supply Chain Diversifications

India benefits from Global Supply Chain Diversifications

June 4, 2024
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To boost exports, a push for quick rollout of US & UAE deals

New Delhi - Companies like Foxconn and Apple, besides many electronics, aerospace, and medical device companies are scaling up Indian operations, attributing to the government’s incentives and latest policy on electronics manufacturing.

Following the geopolitical turmoil, companies into manufacturing space, are diversifying their operations across regions to reduce risk. India has a huge market opportunity with dynamic workforce, political stability, steady growth in income levels, and so the country is eyed as one of the best places to set up manufacturing bases.

India continues to remain the fastest-growing major economy and is expected to . . .

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