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India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China

India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China
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Big boost! India winning global manufacturing battle as supply chains shift away from China, reveals study

India Business News: According to BCG's calculations, the average cost of Indian-made goods imported into the US is 15% lower compared to goods manufactured in the US. In ....

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More Than 90% of North American Companies Have Relocated Production and Sourcing Over the Past Five Years

/PRNewswire/ Five years of disruption marked by trade wars, the pandemic, geopolitical tensions, and severe supply bottlenecks have profoundly redrawn the. ....

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U.S. manufacturing resurgence faces headwinds

Nearshoring and reshoring activities have increased, but U.S. occupiers struggle with tight leasing market conditions, old infrastructure, and low unemployment, Cushman & Wakefield says. ....

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India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China

India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks. ....

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