The India advantage: six reasons why supply chains are leaving China

Global trade patterns have been on the move for the last five years as U.S. companies continue to focus on diversifying their supply chains. Combine steep tariffs and an unprecedented pandemic with increasing climate disasters, geopolitical tensions, and greater consumer preference for sustainable and ethical practices, and it becomes clear that supply chains must continue to evolve to mitigate these higher costs and disruptions.

For many companies, this looks like moving away from a reliance on China.  A recent survey by OnePoll conducted for India Index found that U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs. Of the 500 U.S. executives surveyed, 61% said they would consider sourcing from India if they knew India had the same materials as China.

So why India? We spoke with Samir N. Kapadia, founder and CEO of India Index, who gave us six compelling reasons companies may choose India over China for future supply chain needs.

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