Vietnam India Gain As Firms Rethink China Supply Chains
A Qima report indicates Vietnam and India are emerging as significant alternative sourcing locations to China. Vietnam benefits from surging demand from Western buyers, while India faces pandemic-related challenges. Supply chain diversification is becoming a trend, requiring businesses to reassess their reliance on China and develop flexible response strategies. Companies are actively seeking alternative manufacturing hubs to mitigate risks and ensure business continuity. This shift highlights the importance of adaptability and strategic planning in navigating the evolving global landscape.









