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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.
Keywords
- China plus one
- multinational corporations
- businesses
- India
Type
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
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