China has experienced mass evacuation of foreign companies due to A mixture of longstanding issues and new challenges. It includes high tariffs, Covid-19, and increased geopolitical tensions. Moreover, the pace of companies leaving China is accelerating, causing a “ripple effect”.
Tune into this latest video where #LawWiser takes you through the quick byte on “Closure of plants in China: Opportunity for Indian MSMEs”
In this video, Aditi shares valuable insights in which she discusses some crucial points such as:-
🌐 MSME Sector in India
🌐 Why do MSME’s need a leg up in India
🌐 The Opportunity for MSME’s and the Country’s Economy
She tells us that India’s manufacturing share is nearly six percent. If MSMEs add another 10 percent, the country’s GDP will increase significantly, and this will help the country become a superpower.