How India is luring US companies
Riya Rajayyan -
After US President Donald Trump blamed China for the Covid-19 outbreak, which has killed a quarter-million people worldwide, China’s global trade ties are worsening as companies and governments move resources out of the world’s second-largest economy to diversify supply chains. India is seeking to lure U.S. businesses, including medical devices giant Abbott Laboratories, to relocate from China. The government in April reached out to more than 1,000 companies in the U.S. and through overseas missions to offer incentives for manufacturers seeking to move out of China.