India can be a bigger winner in the supply chain shift from China - Colombo Gazette

India and the US are focusing on supply chains to strengthen their relationship. Indian Prime Minister Narendra Modi emphasized the importance of collaboration on semiconductors and critical minerals for diversifying and strengthening supply chains. The US sees India as a key player in shifting supply chains away from China, with recent investments by companies like Apple and Mercedes-Benz indicating growing confidence in India as a supply chain hub. The disruption caused by geopolitical tensions and other global shocks has highlighted the risks of concentrated supply chains in China. India, with its fast-growing economy and potential for value-adding jobs, could become a complementary manufacturing hub to China.

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