As global companies diversify supply chains beyond China, India is emerging as one of the biggest beneficiaries of the China+1 strategy. Backed by free trade agreements, manufacturing incentives and its scale advantage, the country has a rare opportunity to accelerate exports and strengthen its position in global value chains.

India is emerging as one of the biggest potential beneficiaries of the global "China+1" strategy, with multinational companies increasingly looking to diversify manufacturing and supply chains beyond China. According to a report by YES Securities, this shift presents a rare opportunity for India to strengthen its position in global value chains and accelerate export-led growth.....

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Via businesstoday.in