2025 will it be the year of the Tiger or the Snake in global sourcing
2025 a year of tariffs, protectionism and geopolitical friction
As we navigate a year marked by increased tariffs, geopolitical friction, and protectionism, the reliance on China could be coming to an end. As we prepare for the year of the Snake could 2025 become the year of the Tiger as India becomes a safe haven and the new first choice for strategic sourcing.
Many companies are rapidly building and executing sourcing plans to derisk their supply chains. Moving reliance from China to a more balanced supply portfolio or in some cases removing China from their supply chains completely. India, Vietnam and Turkiye are all high on many companies planning as they all offer a safer haven for supply chains.
India the growing choice for global sourcing
A recent survey by OnePoll conducted for India Index found that U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs. As India was seen to offer
- A safe haven from rising tariffs
- Reputational risk to US companies dealing with China
- Economic growth of India, as the worlds fastest growing economy
- Politically aligned landscape, as 53% of executives saw political risk as a major reason to leave China
To defend margins and manage the impending global tariff wars, swift action is becoming business critical. Fast movers can not only mitigate margin loss but also gain a competitive edge by:
- De-Risking Supply Positions in China
- Identifying New Lower Tariff Sourcing Markets such as India and Türkiye
- Rapid Sourcing Strategy Execution
- Corporate Risk Management
ET2C International global sourcing experts
ET2C International are Global Sourcing Specialists, British owned, we have been Making Sourcing Simple for our clients for over 23 years. Our 200 colleagues based in 7 offices across major (India, Vietnam, Turkiye and Mexico) sourcing markets who can deliver:
· Rapid improvements in operating margins
· Risk management, de risking China sourcing
· Quality & compliance management of projects
Our team in New Delhi can give you deep insight and market access to Indian manufacturing companies to rapidly develop a strategic sourcing plan. To talk to our team about rapid market access to India contact@et2cint.com
Sourcing from India: the benefits in tariff avoidance and competitive advantage build
Many companies are looking towards India as their strategic sourcing partners for the future. India’s economic growth, plentiful skilled labour force and government support for manufacturing and export are strong internal drivers of its appeal. Combined with their ability to offer external political stability, a safe haven from high levels of tariffs and reduced reputational risk impacts for sourcing companies. India will become the sourcing market of choice during 2025. To learn more and strategic sourcing opportunities in India and to rapidly built a strategic sourcing plan talk to our New Delhi team contact@et2cint.com
