Have you ever felt like the global supply chain is a rollercoaster? One day everything runs smoothly, the next day,boom! We witness delays, price hikes, or empty shelves.That's why if your business relies on supply chains, you are constantly anxious. Because you never know where the next turn is going to take you! Of course, these constant ups and downs are a deterrent to business growth and hence smart companies are now moving their factories and suppliers closer to home.
This trend is called nearshoring, and guess what? India is becoming the top choice for many big brands.
Confused about nearshoring? Curious to know how it will affect your business and how India will play a major role in it?
Here is a simple guide that explains what nearshoring is, why it’s happening now, and how India is coming out as a winner. Plus, we’ll show you how Velocity Express can make your shipping super easy and fast.
Remember the pandemic? Yes, the nightmare we all saw collectively! That was the time when ships were stuck, factories shut down, and prices went crazy.
Add to it the wind of trade fights between countries and rising fuel costs, and the world of long-distance supply chains started looking risky.
Hence, now companies want:
Nearshoring fixes all this by moving production to nearby countries. A recent Deloitte study says almost 50% of US companies plan to nearshore more in 2025.
The result? Faster products, happier customers, and stronger businesses.
India isn’t “next door” to the US or Europe, so why is it still winning the nearshoring race? Here we dig deeper and reveal the advantages that make India the 'winning horse.'
India’s “Production Linked Incentive” (PLI) scheme is like a welcome gift for factories. It has already brought in $16 billion+ in investments. Big names like Apple, Samsung, and Tesla are opening huge plants here.
In a few years, India will have manufacturing of global behemoths and this would attract newer and more companies!
India has the world’s youngest population. This offers a multifold advantage. The average age is just 28!
So, there are millions of engineers and tech experts who graduate every year from India and are the perfect resource for these modern factories.
India’s logistics market will grow from $228 billion in 2024 to $428 billion by 2033. This is the result of opening up new highways, airports, and tech. Thanks to all these ports, hubs and connectivity tools, shipping becomes quicker than ever.
Unlike some countries facing trade bans, India is generally friends with most countries. India does have a few enemies but that isn't a headache yet. This makes India a safe “Plan B” when China becomes a risky option.
The reflection of this thought process can be seen in the fact that foreign companies poured $81 billion into India last year alone
We discussed the need for nearshoring and also walked through the advantages India brings to the table. It is clear that India offers the best solutions to the problem these companies are facing currently.
Now let's address the elephant in the room. How do all these developments offer you a chance to grow and become successful?
Nearshoring opens up massive opportunities to business and will help them to make a dent in the global markets.
So, do you want to enjoy faster, cheaper, and safer shipping? Then it is pertinent to partner with the right courier. And that’s where Velocity Express shines.
We are
Track every package in real-time with our
No more guessing where your shipment is. You get live updates, 24/7 support, and delivery speeds that beat the competition by a massive margin.
Whether you are importing raw materials for your new Indian factory or sending finished goods to customers worldwide, we make it simple, fast, and stress-free.
Nearshoring to India isn’t just smart! It’s the future and this future is becoming a reality soon! Companies who will take action quickly will get tremendous advantages because the first ones to move will enjoy lower costs, faster delivery, and rock-solid supply chains.
Let Velocity Express be your trusted partner on this journey. Contact us today for a free shipping audit and see how much time and money you can save.
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