What is friendshoring, and does it help India?

The US is ‘friendshoring’, and a key beneficiary could be India. US treasury secretary Janet Yellen recently said that as the US tries to reduce risks to the supply chain, it is keen to deepen integration with trusted partners like India. Mint explains the new term in town.

from mint - Politics The US is ‘friendshoring’, and a key beneficiary could be India. US treasury secretary Janet Yellen recently said that as the US tries to reduce risks to the supply chain, it is keen to deepen integration with trusted partners like India. Mint explains the new term in town.