Companies are leaving china and a big opportunity for India

The American Chamber of Commerce in South China also found that 64 per cent of US companies in the south of the country were considering moving production elsewhere, according to a Medium report.

Of the $31 billion in U.S. imports that shifted away from China, some 46% was absorbed by Vietnam, sometimes by the same Chinese suppliers who left the mainland. Vietnam exported an additional $14 billion worth of manufactured goods to the U.S. in 2019 versus 2018 as a result of that shift.

Reference:
India’s Special Economic Zones: A Primer
https://www.india-briefing.com/news/guide-indias-special-economic-zones-9162.html/

Trump Visit Concludes, Tentative US-India ‘Phase One’ Trade Deal Proposed
https://www.india-briefing.com/news/trump-visit-us-india-trade-deal-proposed-19594.html/

India’s Tax Cut – Corporate Rates Slashed to Encourage Investment, Revitalize Economy
https://www.india-briefing.com/news/indias-tax-cut-corporate-rates-slashed-encourage-investment-revitalize-economy-19200.html/

Make in India: Incentives for Electronic System and Design Manufacturing
https://www.india-briefing.com/news/india-incentives-electronics-design-manufacturing-17229.html/

1,000 foreign firms mull production in India, 300 actively pursue plan as 'Exit China' mantra grows
https://www.businesstoday.in/current/economy-politics/1000-foreign-firms-mull-production-in-india-300-actively-pursue-plan-as-exit-china-mantra-grows/story/401462.html

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