Given the high US tariffs, some consumer goods giants are reportedly mulling diversifying manufacturing operations beyond India for resilience.
This has reportedly led to a so-called ‘India + One’ strategy gaining momentum.
Some Indian apparel manufacturers are also reportedly weighing the options, even as those with a multi-country presence are expected to be less affected by the US tariffs.
This has reportedly led to a so-called ‘India + One’ strategy gaining momentum.
Some Indian apparel manufacturers are also reportedly weighing the options, even as those with a multi-country presence are expected to be less affected by the US tariffs.
