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India looks to lure over 1,000 US companies out of China

China city Beijing Japan Usa India covid-19 president pandemic Government
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Officials have told companies that India is more economical in terms of securing land and affordable skilled labor than if they moved back to the U.S.

or Japan, even if overall costs are still higher than China India is seeking to lure U.S. businesses, including medical devices giant Abbott Laboratories, to relocate from China as President Donald Trump’s administration steps up efforts to blame Beijing for its role in the coronavirus pandemic.

The government in April reached out to more than 1,000 companies in the U.S. and through overseas missions to offer incentives for manufacturers seeking to move out of China, according to Indian officials who asked not to be identified, citing rules on speaking with the media.

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