Japanese companies are turning to India as part of their 'China Plus One' strategy to reduce reliance on China. India is seen as a potential manufacturing base and gateway to high-growth markets in the Middle East and Africa. The Japanese government is supporting this diversification move.
image sourced from original article at https://timesofindia.indiatimes.com/business/international-business/japanese-cos-bet-on-india-as-part-of-their-china1-plans/articleshow/118309928.cmsOriginal article source: https://timesofindia.indiatimes.com/business/international-business/japanese-cos-bet-on-india-as-part-of-their-china1-plans/articleshow/118309928.cms
Source Id: 8550642035
