Context:
President of IMD Business School, David Bach added that under the Donald Trump US will make relations with India transactional.
- According to Bach, it fits with the larger strategic policy to draw India into an alliance to check China.
- The ‘China-plus-one’ strategy would do better for India, driven less by the tariff threats by Trump but by the raging contest between the two largest economies in the world.
- The China Plus One strategy is a business strategy that involves diversifying manufacturing and sourcing beyond China to other countries.
- India is ranked 39 on the IMD’s World Competitiveness Ranking. It still has space for improvement in managerial practices and productivity.
Also read: International Institute for Management Development (IM
