In recent years, the global center for economic activities has shifted to Asia, with China and India having risen as the key growth drivers for the world economy. However, the COVID-19 pandemic has severely disrupted global supply chains. While the rise of Asia and the unprecedented global crisis have led to newer risks for all businesses globally, these developments also present the perfect opportunity for exporters, especially within India, to reset and re-strategize their plans to push self-reliance and capability building in the industry over the coming years. Indian exporters now also have an opportunity to increase their influence in the global value chain.
Recognizing the pivotal role that exports play in India’s economic growth, and its stature in the global landscape, Dun & Bradstreet hosted a virtual event ‘Business Across Borders 2021’, with the central theme ‘Carving a Niche in the Global Value Chain’.