Every country is assiduously wooing investment in manufacturing. Each country wants to have security of supply of all things critical — energy, technology, metals, minerals, computer chips, food. There is a whole “buy local” wave that rides on a “make at home” initiative. The new world order that emerges following these changes may look very different from what we are familiar with.
Apple Inc, for example, has 703 suppliers from multiple countries, as well as 390 customers, according to Bloomberg’s supply chain analysis. The number of suppliers for Samsung Electronics is even higher, at 965. Tesla has 298 suppliers, while Canadian
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
