‘MNCs investing in India for improved infra, PLI schemes’

Keku Bomi Gazder, CEO and MD, Aviapro Logistic shares, “The China+1 strategy, driven by global firms seeking to diversify supply chains beyond China, is enhancing India’s role in global manufacturing. Multinational companies are investing in India due to its large labor force, improving infrastructure and government incentives like the Production Linked Incentive (PLI) scheme. Sectors such as electronics, textiles and pharmaceuticals are gaining traction. Apple, for instance, has ramped up iPhone production in India. However, challenges remain, including regulatory hurdles and logistical inefficiencies. Despite these, India is emerging as a viable alternative in global supply chains, gradually reducing reliance on China while boosting domestic manufacturing and exports, aligning with the government’s “Make in India” initiative to position the country as a global manufacturing hub. In fact we should aim to be India+1 strategy.”