Which global issue prompted aerospace firms to turn to India amid a Western supply chain crisis
Global aerospace firms turn to India amid Western supply chain crisis.
- Supply chain disruptions in the West due to the COVID-19 pandemic
- Shortage of critical components and raw materials for aerospace manufacturing
- Increased demand for aerospace products and services despite the crisis
- India's growing expertise and capabilities in aerospace manufacturing and engineering
- Reliable workforce and skilled labor available in India
- Competitive costs and favorable business environment for aerospace firms in India
- Diversification strategy to minimize risks associated with depending solely on Western suppliers
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2 months ago