As per latest reports, Global manufacturers have initiated talks with Indian firms to shift manufacturing base from China to India. Currently 24 companies plan to set up mobile phone factories in India including tech giants Samsung and Apple. Earlier a report stated that not less than 100 US companies would shift from China to India and Uttar Pradesh was considered the prime destination.
Expected list of companies include Lockheed Martin, Adobe, Honeywell, Boston Scientific, Cisco Systems
The reason behind this is the allegations on China, blaming it to be responsible for the origin of the Corona Virus and that China had intentionally let the Virus spread across the world to gain political and financial advantage over other countries.