Why manufacturers are not rushing into India
As the ongoing trade dispute between China and the US continues to escalate, tariffs are making exports from China more and more expensive
India and Indonesia both have the ideal demographics to be global manufacturing powerhouses to rival China which at the moment makes 1/5 of the world's goods
SINGAPORE : Out of 56 companies that relocated their production out of China between April 2018 and August 2019, only three went to India and two to Indonesia. This was the finding of a study by Nomura, a Japanese financial group.