Friday, August 27, 2021

India urges its automakers to cut reliance on imports from China

India is trying to diversify its supply chains away from neighboring China following deadly clashes between the world’s two most-populated nations along the disputed Himalayan border last year. The Covid-19 pandemic and global trade tensions with China have intensified the need for countries around the world to move manufacturing bases out of the country to reduce supply-chain risks.

from Auto-Industry-Economic Times https://ift.tt/3gF6kuS

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...