10
Apr
United Nations, April 10, India remains a "strong" recipient of foreign investments as multinationals recognise it as an alternative manufacturing base for supply chains, according to the United Nations. "India is benefiting by growing interest from multinationals, which see the country as an alternative manufacturing base in the context of developed economies' supply chain diversification strategies," according to the Financing for Sustainable Development 2024 Report. The report released on Tuesday said that in contrast to large swathes of the developing countries, "investment in South Asia, particularly in India, remains strong." While discussing India's role for multinationals as an "alternative manufacturing…