More than 200 US companies wish to move manufacturing base from China to India

The US_India Strategic Partnership Forum (USISPF) has informed that companies are searching an alternative to China for investments. India seems to be a lucrative place now as all reforms have been put in place for Make in India. According to the World Bank Report released on October 31, 2018, India has jumped 23 positions from the previous report. India is now at 77th position out of the total 190 economies.

The World Bank has recognized India as one of the top improvers for the second consecutive year. India is firs South Asian country to be recognized by World Bank as top improver in consecutive years. As a result of continued performance, India is now placed at first position among South Asian countries as against 6th in 2014.