The US management consulting firm Boston Consulting Group in its recent report has called India as one of the fastest growing future export manufacturing powerhouses. In the consolidated analysis of the past 5 years, the report highlights how There has been a 10% decline in total Chinese exports to the US during the period from 2018 to 2022 And during the same period India’s exports to the US has increased by 40%.The BCG group in its latest study titled, “Harnessing the Tectonic Shifts in Global Manufacturing” has talked about the manufacturing shifts that have occurred over the past 5 years due to trade wars, pandemic, geopolitical tensions, Brexit and Ukraine war.
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