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India Emerges as a Strong Contender in Global Supply Chain Diversification – BofA Report
As global supply chains undergo a transformative shift, India has emerged as a formidable contender, according to a recent Bank of America (BofA) report. With its burgeoning consumer market, skilled workforce, and recent economic reforms, India offers a secure and promising environment for businesses seeking diversification. The COVID-19 pandemic underscored the need for resilient supply chains, and India's strategic positioning is set to play a pivotal role in shaping the future of global business operations.