Supply chains drift to Vietnam, India — Business-Standard.com

Supply chain operations are leaving China and heading to India and Vietnam more quickly than analysts expected:

“China’s stringent Covid-19 restrictions and intensified US-China tech rivalry have rattled Apple’s supply chain over the last three years. Cracks have started to appear in the sophisticated supply chain that took the US tech giant decades to build, as companies from Taiwan’s Foxconn Technology Group to China’s Goertek and Luxshare increase their investments in India and Vietnam, two of the largest beneficiaries of a realignment in the global supply chain, South China Morning Post reported.“

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