Around 200 US Companies Considering Moving Production From China to India

Around 200 US Companies Considering Moving Production From China to India
India Prime Minister Narendra Modi (Left) gestures while talking with China's President Xi Jinping during the BRICS leaders' meeting with the BRICS Business Council at the Taj Exotica hotel in Goa on October 16, 2016. PRAKASH SINGH/AFP/Getty Images
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A top U.S.-based group that advocates for strong business relations with India recently revealed that about 200 U.S. companies have contacted them about the possibility of setting up an alternative manufacturing base in India to replace their current assembly lines in China.

In an April 27 interview with Press Trust of India, India’s largest news agency, Mukesh Aghi, president and CEO of the Washington-based U.S.-India Strategic Partnership Forum, said that in the past several months, he has received an increased number of inquiries from roughly 200 U.S. companies.
Nicole Hao
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
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