Japanese Firms Toyoto-Tsusho And Sumida To Shift Production From China To India

Japanese Firms Toyoto-Tsusho And Sumida To Shift Production From China To India
Photo courtesy: Reddit

Two months after Japan, India and Australia decided to launch a Supply Chain Resilience Initiative to develop dependable sources of supply of raw materials, components etc.

In the Indo-Pacific Region, two Japanese firms – Toyota Tsusho, a trading arm of Toyota Group and component maker Sumida Corporation – are planning to shift manufacturing base from China to India.

The Japanese government is known to be providing financial assistance to help home grown companies diversify their production and supply base to be more resilient to global shocks such as the disruption caused by COVID-19 induced lockdown.

.

Read more at: https://www.reddit.com/r/worldnews/comments/jp4goe/japanese_firms_toyototsusho_sumida_to_shift/

.

Visit www.werindia.com OR Hindi.werindia.com to read news from 500+ news sources... आपका अपना डिजिटल अख़बार |



     
  • 22 Jun 2021
  • WerIndia

Leave a Reply


Recommended for you

Your Opinion

For the 2024 Lok Sabha election, of the nearly 100 Crores Voters, what you expect to be the total Voting Percentage:

View Results

Loading ... Loading ...

View Older Polls

आपकी राय

2024 के लोकसभा चुनाव के लिए, लगभग 100 करोड़ मतदाताओं में से, आपको क्या उम्मीद है कि कुल मतदान कितने प्रतिशत होगा?

View Results

Loading ... Loading ...

View Older Polls