Benefit for India: How Indian ports will gain from China+1 strategy – Moody’s explains
[ad_1] Moody's analysis indicates that whilst Chinese ports might encounter immediate financial difficulties. (AI image) Indian ports are positioned to gain advantages from the worldwide China+1 strategy, according to Moody's Ratings' latest report. As organisations establish manufacturing facilities in India, diversifying their production and supply networks beyond China, this could substantially enhance port activities across the country.Moody's analysis indicates that whilst Chinese ports might encounter immediate financial difficulties, ports in countries such as India and Indonesia could experience increased operations as international organisations seek to decrease their Chinese dependencies. "In Asia, Chinese ports' financials could weaken although most have the financial capacity to withstand near-term stresses. And ports in India and Indonesia could benefit from the China+1 strategy – companies' effort to diversify their manufacturing and supply chain operations by establishing facilities in countries outside China," the Moody's report said.Also […]