Tag Archives: manufacturing hub India

File photo – Piyush Goyal Commerce and Industry Minister Piyush Goyal announced on Saturday that a German chemical company will invest USD 1.5 billion in India, with a state already having identified land for the project. While the minister did not disclose the name of the company or the state involved, he mentioned that the company’s head is expected to …

NEW DELHI: Post Covid-19 pandemic, Japanese companies are eyeing India as a base as they adopt the ‘China Plus One’ strategy to diversify their manufacturing and supply chains to reduce dependence on China, experts from Deloitte said.The strategy involves establishing production facilities in alternative countries, with India emerging as a significant beneficiary.“Post-Covid, Japanese companies have been actively exploring China-plus supply …