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FTAs may boost India's supply chain role
Hindustan Times
|April 29, 2025
US, EU and UK aim to establish supply chains in India through trade pacts
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Three developed economies - the United States, the European Union and the United Kingdom - aim to establish a dependable supply chain in India as a corollary to their proposed trade deals with New Delhi, people in the know said on Monday, adding that the matter has been discussed during recent visits of Indian officials to the US and Europe.
A mutually beneficial, cost-effective collaboration in several manufacturing sectors is possible under the investment chapter of the proposed free trade agreements (FTAs), they said, requesting anonymity. FTA partners can leverage each other's strengths to build sector-specific supply chains and become competitive in international markets, they said, adding that a free trade deal between India and the US would give Apple immense confidence in making India as a manufacturing base. HT published a report on April 25 that said Apple plans to source all US iPhones from India in two years.
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