Learn With ETMarkets: Sectoral winners and losers amid global supply chain shifts in India
supply chain landscape is undergoing significant transformation, driven by geopolitical shifts, technological advancements, and strategic policy reforms. These changes are reshaping India's economic sectors, influencing stock performance across various industries.
Read on to learn more about the impact of global supply chain reconfiguration on sectoral stock performance in India, supported by data and analysis.
India's Strategic Position in Global Supply Chains
India is rapidly emerging as a key player in global supply chains, positioning itself as a preferred manufacturing and sourcing hub for companies worldwide. This rise has been driven by several strategic advantages India offers. The Indian government has introduced pivotal policies such as ‘Make in India’ and the Production Linked Incentive (PLI) scheme to boost domestic manufacturing capabilities and attract foreign investment.
By incentivising local production, these policy initiatives aim to reduce India's dependence on imports and enhance the resilience of supply chains against global disruptions. Furthermore, India is benefiting from major geopolitical shifts as companies look to diversify their supply chains beyond China due to factors like rising labour costs and trade tensions.
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