The assembly line of the Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) in Tumakuru, some 100 kilometres from Bangalore on September 25, 2017. Photo: Agence France-Presse

India plans to offer tax breaks to companies moving away from China as trade war forces the world to rethink supply chains

  • Financial incentives such as preferential tax rates and the tax holiday provided by Vietnam to lure companies are among measures being considered
Topic |   Trade

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The assembly line of the Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) in Tumakuru, some 100 kilometres from Bangalore on September 25, 2017. Photo: Agence France-Presse
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The landscape of the technology supply chain is changing as companies that make components for smartphones and computers move their manufacturing facilities out of China. Photo: Reuters

Vietnam and India see explosion in direct investment from China as tech suppliers shift production overseas, says Goldman Sachs

  • Vietnam sees direct investment capital from China jump by 4.6 times to US$1.56 billion during the first five months of the year
  • More than 34 listed companies within the Greater China tech supply chain have set up or are building production capacity in Southeast Asia
Topic |   US-China trade war

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The landscape of the technology supply chain is changing as companies that make components for smartphones and computers move their manufacturing facilities out of China. Photo: Reuters
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