China Finally Has a Rival as the World’s Factory Floor

Companies look to find a backup for manufacturing and India is making its case

An Ola Electric factory in India that makes electric scooters. Ola

Western companies are desperately looking for a backup to China as the world’s factory floor, a strategy widely termed “China plus one.”

India is making a concerted push to be the plus one.

What's News

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In