{"id":35021,"date":"2023-01-13T15:22:45","date_gmt":"2023-01-13T09:52:45","guid":{"rendered":"https:\/\/plyinsight.com\/?p=35021"},"modified":"2023-01-14T12:14:35","modified_gmt":"2023-01-14T06:44:35","slug":"india-has-to-compete-to-gain-from-china-plus-one-strategy","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/india-has-to-compete-to-gain-from-china-plus-one-strategy\/","title":{"rendered":"India has to compete to gain from ”China Plus One” strategy"},"content":{"rendered":"

There is a desire in many parts of the world to try to dissociate the supply chains from China. There are concerns related to geo-political tensions and the vulnerability of supply chains that run through china. All of this again suggests the potential for more diversification and there is a real opportunity for countries like India to benefit from their alliance with many Western countries. India is seen as a friendly country with a young labour force that could very well meet some of these demands.<\/p>\n

But having said that, it is not very easy to find alternatives to China because many American companies, and many companies in other parts of the world too, rely on China to a very significant extent as part of their supply chains and it is not east to make substantial changes in a short period.<\/p>\n

The other important point to keep in mind is that India is not the only alternative, there are competitors including countries such as Vietnam and even Bangladesh in Asia.<\/strong> So India doesn’t have the playing field clear to itself. It needs to compete, and to do so effectively require some additional reforms.<\/p>\n

While the Indian government has done a lot in the last few years to increase India’s capacity to serve as a component in the supply chain, there are still some significant reforms needed. There are still some concerns about whether there is enough policy stability rerated to the tax regime, capital account regime and the financial markets. So companies and investors around the world are really looking for what India’s policy trajectory is going to look like. India has very strong growth potential. There is an opportunity here and it will need some work for India to be able to realize this opportunity.<\/p>\n

\n

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There is a desire in many parts of the world to try to dissociate the supply chains from China. There are concerns related to geo-political tensions and the vulnerability of supply chains that run through china. All of this again suggests the potential for more diversification and there is a real opportunity for countries like […]<\/p>","protected":false},"author":1,"featured_media":35022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3792],"tags":[3912,360,3911,1143,3914,3913],"class_list":["post-35021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jan-articles-2023","tag-american-companies","tag-china","tag-china-plus-one","tag-india","tag-made-in-china","tag-political"],"yoast_head":"\nIndia has to compete to gain from ''China Plus One'' strategy - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/india-has-to-compete-to-gain-from-china-plus-one-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India has to compete to gain from ''China Plus One'' strategy - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"There is a desire in many parts of the world to try to dissociate the supply chains from China. 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