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Article - Major US Companies Declare to Shift Operations to India
Jai Siya Ram http://www.fxlive.in/ "Major US Companies Declare to Shift Operations to India" There is a major, ongoing trend of US companies shifting and expanding operations to India, driven by a combination of factors including geopolitical tensions, the need for supply chain diversification ("China Plus One" strategy), and Indian government incentives. The shift is particularly significant in the Electronics/Tech Manufacturing and High-Value Services/R&D (Global Capability Centers - GCCs) sectors. Here are the full details on the major companies and the nature of the shift: 1. Electronics and Manufacturing Shift (Supply Chain Diversification) The most visible shift is in electronics manufacturing, largely driven by the goal of moving production away from China to mitigate risks from trade tariffs and geopolitical instability. Major Company: Apple Nature of Shift: Apple and its key contract manufacturers (Foxconn, Pegatron, Wistron/Tata Electronics) are ag...
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