Made In India: Efforts like Make in India were started by the Government of India to promote local products.. Their impact is now visible all over the world including India. Made in India products have gradually started replacing goods made in China in the American market."font-weight: 400;">. The effect of the environment created against China all over the world is also visible on the goods manufactured there.. Many countries have distanced themselves from manufacturing, sourcing and supply chains in China. The trade war that has been going on for almost five years between America and China has opened up opportunities for countries like India."font-weight: 400;">.
Imports from China decreased, from India increased by 44 percent
According to a new survey, imports from China to America have decreased by 10 percent between 2018 and 2022. On the other hand, imports from India have increased by 44 percent. Due to new trends in America, Mexico and ASEAN (Association of Southeast Asian Nations) Countries have also benefited a lot. During the same period, imports from Mexico have increased by 18 percent and from 10 ASEAN countries by 65 percent. Import of Indian machinery has increased by 70 percent. Apart from the trade war, Covid-19, natural disasters and Ukraine war have also helped countries like India in increasing trade.
India is getting help from Walmart
USA’s largest retail company Walmart has a major contribution in India’s success in America. The company has a large number of customers. Walmart has increased the import of Made in India goods. And have given them a prominent place in their stores. The company is importing food, health and beauty products, clothing, shoes, home goods and toys in large quantities from India.
In 14 countries through Walmart. Arrives Made in India
Walmart is aiming to import goods worth about 10 billion dollars from India every year. Currently this figure has reached only 3 billion dollars. It is noteworthy that ever since Walmart has purchased Flipkart, its interest in the Indian market has increased significantly. Through the company, Made in India products reach 14 countries of the world including America, Canada, Mexico, Central America and Britain. p>
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