September 11, 2023
3 min

Global supply chain diversification key tailwind in India’s global manufacturing flight: S&P analyst - Business Today

India's focus on developing logistics infrastructure is seen as a strong foundation for its goal of increasing its share in manufacturing, according to infrastructure analyst Rahul Kapoor. The COVID-19 pandemic has accelerated the shift towards diversification, with global manufacturing giants seeking alternative production sites. As India continues to enhance infrastructure development and policy initiatives, such as the National Logistics Policy and Gati Shakti, it is expected to gain traction in achieving its targets. The success in smartphone manufacturing could serve as a template for other manufacturing segments in the country.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry