U.S. and European firms sees India as an alternative to China

Last Updated: November 19, 2018

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U.S. and European firms sees India as an alternative to China

U.S. and European firms sees India as an alternative to China

19 November 2018 Current Affairs: U.S. and European firms are looking at options away from China after the U.S.-China trade war. China is now seen as not as cost competitive as it was in the past. Companies in the U.S. and Europe are looking at long-term options to build supply chain capabilities in India as an alternative to China. Now, India surely is in a good position to take advantage of this, though the scale is a challenge for us to match China.

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