EU, US, UK Look to Set Up India Supply-Chain Amid Trade Talks

Three developed economies—the US, EU, and UK—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 by Indian officials to the US and Europe.

- Rajeev Jayaswal

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 strength 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 a manufacturing base.