Global trade increases between India and U.S.
by CM staff
The pandemic has propelled companies to reassess their supply chains and strategies.
NOIDA — In the post-pandemic landscape, India and the United States are poised to establish partnerships, ushering in global trade.
As an Asian B2B platform, Moglix aim is to optimize the supply chain for enterprises. Under its umbrella, Zoglix, a Moglix subsidiary, uses India’s manufacturing capabilities through end-to-end solutions with technology-enabled traceability and financing. Operating across India, Singapore, the UK, the US, Mexico, and the UAE, Moglix and Zoglix facilitate sourcing.
The pandemic has propelled companies to reassess their supply chains and strategies. Enterprises are embracing strategies like China-plus-one, reshoring, nearshoring, and friendshoring. India, alongside South Korea, Japan, and Germany, emerges as a strategic hub due to skills, cost benefits, stable economies, and tech infrastructure.
India is at the forefront of realizing the potential of China-plus-one strategy’s stages. Discussions began on mitigating geopolitical risks and operational hiccups due to single-region dependence. Organizations then set concrete diversification goals. Moglix shares that Apple aims to shift 20 per cent per cent of its iPhone manufacturing to India, while Walmart and Amazon have set significant sourcing targets.
