The growth prospects of the Indian economy in 2024 against the background that American companies continue to choose India

Surveys of American companies conducted at the end of January 2024 show that more and more American manufacturers are choosing India to supply the necessary components.

According to a survey by OnePoll, a leading British research company, 61% of 500 U.S. senior executives would choose India over China as their supplier if both countries could produce the same materials, and 56% preferred India for supplies over the next five years.

In 2023, as part of the restructuring of supply chains, American companies moved their production facilities, previously located in China, to India.