VIETNAM EMERGES AS A LEADING CHALLENGER TO CHINA IN INDIAN ELECTRONICS MARKET
IPEF OFFERS AN OPPORTUNIRTY TO DELHI TO DIVERSIFY ITS SURGING TRADE
2022-07-11 18:22
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The recent disruptions in global supply chain, leading to China losing prominence, are prompting serious discussions on India’s dependency on China. Hitherto, notwithstanding political face-off, India’s rapid growth in electronic and electrical and pharmaceutical industries was largely dependent on China for supply chain. Given these and Russian invasion of Ukraine, which led to more than 5000 sanctions against Russia, unleashing collateral impact on China, new synergies have emerged for global supply chain.