 "Rajeev Chandrasekhar")
India is well positioned to emerge as a major player in electronics and semiconductor products manufacturing as part of the China-Plus-One diversification strategy, said Minister of State for Electronics and IT Rajeev Chandrasekhar.
China-Plus-One, also known as Plus One, is a business strategy to avoid investing only in China and diversifying business into other countries. It started becoming popular in 2018 and gained prominence after the Covid outbreak.
“People around the world do not want to depend on China as the only source,” said Chandrasekhar on Thursday evening at the Bengaluru Tech Summit.
He added, “China-Plus-One diversification is underway. India
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