India has 5 years to build on China+1 supply chain change: World Bank Group president Ajay Banga

  • Posted on May 11, 2025
  • By Business News Today
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India has 5 years to build on China+1 supply chain change: World Bank Group president Ajay Banga

World Bank Group President Ajay Banga emphasizes India's crucial five-year window to capitalize on supply chain shifts driven by the China+1 strategy. He advises focusing on logistics, regulatory reforms, and skilling to fully leverage these opportunities. Banga also highlights the importance of private sector-led growth and strategic investments in key sectors like infrastructure and healthcare for job creation.
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