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Prospects of India as China +1
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Dr. Amrita Singh
Assistant Professor at KLE Society's KLE College of Law, Navi Mumbai, India
Abstract
The term "China Plus One" refers to a business strategy used by organisations, particularly multinational firms, to diversify their supply chain and production activities by include a different manufacturing or sourcing location in addition to China. This strategy gained popularity in reaction to a number of causes, such as the need to reduce the risks brought on by an overreliance on a single production base, rising costs in China, and geopolitical unpredictability. India presents itself as a desirable alternative location as multinational companies (MNCs) and enterprises try to diversify their production and sourcing activities away from China.
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Article
Information
International Journal of Law Management and Humanities, Volume 6, Issue 4, Page 1699 - 1704
DOI: https://doij.org/10.10000/IJLMH.115577Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
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