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

U.S. and European firms are looking at options away from China after the U.S.-China trade war. The firms are looking at long-term options to build supply chain capabilities in India as an alternative to China.
Sudha

Updated: Nov 19,2018 10:37:24 am

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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