Why America wants cooperation from India against China in the global supply chain?
On the second day of PM Narendra Modi’s US state visit, he will meet US President Joe Biden.
During their meeting, discussions will be held on how to promote greater economic cooperation between the two countries.
Along with this, both countries can take a decision on working together to create a strong supply chain.
Because of this, once again the global supply chain has come into the limelight, and along with it China’s increased participation or interference in this supply chain.
Let us know what is this global supply chain and why is America worried about China’s big involvement in it.
Why America wants cooperation from India: What is Global Supply Chain.
A global supply chain is a type of global network that organizations use to manufacture products and services.
This network can be spread over many countries so that necessary supplies can be made for the products and services.
Information, resources, processes, etc. flow around the world in many global supply chains.
It has many advantages.
From this point of view, the cost of production can be reduced by cheap technology, resources, etc. in this system and expansion can be done by going to new markets.
For example, if a company uses raw material from India, produces it in Europe, and sends it to Africa, then its supply chain is global.
