India Emerges as Alternative Manufacturing Hub to China for Apple, UPS and Others But Faces Hurdles in Export Strength, Job Creation
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India is attracting major investments from global companies like Apple, UPS, and First Solar as they seek to diversify supply chains away from China amid geopolitical tensions.
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Several Indian states like Tamil Nadu have created incentive programs and reforms to draw high-value manufacturing facilities from overseas firms.
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India's large young population, rapidly growing economy, and world-leading digital infrastructure present major long-term opportunities.
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But India still lags behind China substantially in areas like export competitiveness, trade bloc participation, and providing enough jobs.
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If India can boost infrastructure, workforce skills, and cross-border trade, it could chart a new manufacturing-led growth path.