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As global companies reassess their manufacturing and investment strategies amid geopolitical tensions and supply-chain disruptions, India is rapidly positioning itself as a leading alternative to China. According to the World Economic Forum’s latest Chief Economists’ Outlook, India stands out as one of the most attractive destinations for multinational businesses, supported by strong economic growth prospects, policy incentives and a large domestic market. The trend reflects a broader shift in global business strategy. Rather than relying heavily on a single manufacturing base, companies are increasingly adopting a “China Plus One” approach, diversifying production and sourcing across multiple countries to reduce risks….
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