India

A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

Years of geopolitical uncertainty and high US tariffs are driving manufacturing out of China and into new destinations.

India has seen a 44% increase in exports to the U.S. as American companies looking to diversify their supply chains turn away from China.

The new plant, which covers around 94,000 square meters, is due to be launched in early 2020.

Earlier this week, UPS said it has made additional investments towards attaining further investment to attain full ownership in its India-based express services unit. UPS formerly held a majority position in an express services joint venture that solely served its international express small package shipping business in India.

Apple Inc could open its first stores in India and might eventually start manufacturing in the country under new foreign investment rules for retailers outlined on Monday.

FedEx recently announced that its FedEx Express subsidiary has launched a new flight from Bengaluru, India with direct connections to Europe, the Middle East, and the United States. This is the company’s third India-based gateway—Delhi and Mumbai are the others.