Manufacturing
Modi's US Visit: India as Global Manufacturing Hub
Paul-Bernard Jaroslawski · June 22, 2023 · 1 min read
Indian Prime Minister Narendra Modi's visit to the US aims to strengthen economic ties, focusing on deepening India's role as a diversified manufacturing hub amid tensions between the US and China. Companies like Apple have already moved some production to India and around 60 Fortune 500 firms are run by Indian-origin CEOs. New investment promises from Tesla and permissions for manufacturing military jet engines are expected from this visit, affirming India's growing strategic and economic importance.
Source: MorningBrew
Get the next one in your inbox.
Free, 3× a week, the brief 15,000+ freight pros read.
