India–US trade surges as sourcing slowly shifts away from China

The growing popularity of “China-plus-one” sourcing strategies is working to India’s benefit, sending trade between the US and India to record highs as shippers seek to diversify their supply chains.

The growing popularity of “China-plus-one” sourcing strategies is working to India’s benefit, sending trade between the US and India to record highs as shippers seek to diversify their supply chains.