Explore the rise of new manufacturing hubs in Asia Pacific as companies diversify operations beyond China.
Insight
26 May 2024
Beyond China: Asia's next manufacturing powerhouse
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For decades, China dominated manufacturing, but the evolving geopolitical landscape and a focus on supply chain resilience are prompting companies to diversify.
The new battleground? Southeast Asia (SEA) and India. Backed by strong government support and competitive costs among other factors, both are emerging as contenders in the race to become the next manufacturing powerhouse.
But which market is the right fit for your expansion? This report explores:
The key drivers of diversifying manufacturing from China
How SEA and India are benefitting from the shift
Government incentives and policies boosting manufacturing
The promising opportunities in each market