Wednesday, February 11

India Could Become Manufacturing Hub for Companies Exiting China, Says US Trade Representative Jamieson Greer

New Delhi: In a major boost to India’s growing global manufacturing ambitions, United States Trade Representative Jamieson Greer has said that India has the potential to emerge as a key alternative destination for American companies looking to shift operations away from China.

Speaking in an interview with Fox News on Tuesday, Greer stated that India possesses the resources, workforce, and manufacturing capability needed to become an important supply-chain and production base for companies seeking stability amid rising geopolitical tensions.

India Seen as Strong Alternative to China

Greer highlighted that India has already taken significant steps to strengthen economic cooperation with the United States. He noted that India has started reducing its dependence on Russian energy and has been increasing purchases from the US and other sources.

“India has already begun cutting down its purchases of Russian energy products and is moving toward buying more energy from the United States and other partners,” Greer said.

$500 Billion Purchase Commitment in Key Sectors

In a striking statement, Greer claimed that India could commit up to $500 billion in purchases from the United States over the next five years, particularly in sectors such as energy, aviation, and technology.

This, he said, reflects India’s willingness to expand long-term economic commitments with the US and strengthen trade relations.

Remarks on Russian Oil Purchases

Greer also commented on India’s purchase of discounted Russian crude oil after the Russia-Ukraine war began. He claimed that prior to 2022, India did not buy Russian oil at such levels, and the shift was largely driven by discounted rates following the conflict.

He further alleged that both India and Europe were indirectly helping finance Russia’s war through continued energy purchases, though he added that India has now shown commitment to reducing such dependence.

India Emerging as Supply Chain Destination

When asked whether India could become a viable supply chain destination for US companies reducing their reliance on China, Greer responded positively.

“It could be. Many companies are already moving in that direction,” he said.

Greer emphasized that the US would prefer supply chains to remain as close to home as possible, but acknowledged that India could play a crucial role as a reliable partner, provided trade remains balanced and fair.

Strategic Timing Amid Global Supply Chain Shift

Greer’s remarks come at a time when American businesses are increasingly reassessing their global manufacturing strategy due to growing concerns over tariffs, geopolitical risks, and supply chain disruptions. As firms explore alternatives to China, India is being viewed as one of the most promising options.

With its large workforce, expanding industrial base, and improving infrastructure, India is now positioning itself as a potential global manufacturing hub in the changing world order.


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