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Supply Chain Diversification: Why MNCs Are Building in India

Global MNCs are diversifying supply chains to India. Here's what's driving the shift and how to set up efficiently.

A

Accountify Editorial Desk

Finance Expert

15 March 2022
1 min read
753 views

The Great Supply Chain Shift to India

Post-pandemic, over 60% of Fortune 500 companies are actively evaluating or executing supply chain diversification to India. The shift is structural, not cyclical.

What's Driving the Move

  • Geopolitical risk reduction (China+1 strategy)
  • PLI schemes offering 4-6% production incentives
  • Competitive manufacturing costs (30-40% lower than China in select sectors)
  • Improving infrastructure — dedicated freight corridors, expressways

Setting Up Efficiently

Choose location strategically — Gujarat, Maharashtra, Tamil Nadu, and Karnataka offer the best infrastructure and incentives. State-level single-window clearances can reduce setup time by 40%.

We've helped 50+ MNCs set up Indian operations. Let Accountify handle the compliance while you build.

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Tags:

#supply chain India
#MNC India operations
#manufacturing diversification
#India factory setup

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