Part 7/9:
Despite these obstacles, recent studies have shown an accelerating trend among multinational companies moving their production operations out of China, with India emerging as a prime destination. In light of India's burgeoning technological capabilities and favorable subsidies, firms are keen to tap into this market as they reassess their dependencies on Chinese manufacturing. Foxconn has been proactive, with reports of significant investments and the establishment of new assembly plants in India, paving the way for a more robust production framework outside China.