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China’s Enduring Role in Global Supply Chains Despite Shifting Assembly Trends

By April 1, 2024April 2nd, 2024No Comments

Subhabrata Sengupta, partner at Avalon Consulting, highlighted that many global companies will maintain significant ties with China due to its substantial share of global demand and well-established manufacturing ecosystems. Even if assembly moves to other countries like Vietnam or India, components often still originate from China, underscoring the enduring centrality of China in global supply chains. He also notes that Indian companies are in the nascent stages of developing such supply chains, with only partial movement away from China despite some progress in assembling circuit boards locally.

Manufacturing supply chain shift from China to India

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