How can India leverage opportunities in the global supply chain amid the uncertainties in the Trump world
Analyzing the perspectives of U.S. trade experts on India's potential to find opportunities in global supply chain amidst uncertainties in the Trump world.
- India can increase its competitiveness by focusing on improving infrastructure and ease of doing business, making it more attractive for global companies looking to diversify supply chains.
- Developing special economic zones and industrial clusters can help attract foreign investment and create manufacturing hubs.
- Strengthening trade relationships with countries other than the U.S. can provide alternative markets and reduce dependency on U.S. trade policies.
- Investing in technology, innovation, and upskilling the workforce can enhance India's capabilities in high-value manufacturing and services, appealing to global supply chain requirements.
- Adopting strategic trade policies and negotiating trade agreements that benefit Indian industries can help mitigate uncertainties in the changing global trade landscape.
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2 months ago