Post Covid-19 pandemic, Japanese companies are eyeing India as a base. They adopt the ‘China Plus One’ strategy to diversify their manufacturing and supply chains to reduce dependence on China. The strategy involves establishing production facilities in alternative countries, with India emerging as a significant beneficiary. The Japanese government has actively supported this shift, experts from Deloitte said. The companies are looking at India not just as a manufacturing hub, but as a gateway to high-growth markets like the Middle East and Africa, the experts said. They added that some companies returned to Japan, while others are looking to India as an alternative base for manufacturing and other operations. The move is being supported by the Japanese government, they said. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or see www.samaritans.org for details. In the U.S. call the National Suicide Prevention Line on 1-800-273-8255 or visit http://www.suicidepreventionlifeline.org/.
Post Covid-19 pandemic, Japanese companies are eyeing India ….
