Hope for manufacturing

The global supply chain for goods is in a state of flux, and this is the time for India to take advantage of it. Costs are increasing in China, for long the hub of global manufacturing, and the Sino-US trade war is disrupting existing supply arrangements. Many companies are looking to set up plants elsewhere in the emerging world — and India should be high on their list of possible destinations. So far, however, domestic risk factors and a high-cost environment have rendered Indian manufacturing relatively uncompetitive and locating in India is thus unattractive. But recent moves from th.....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.