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American companies looking at destinations other than China due to global geopolitical pressures are now increasingly favouring Vietnam, Cambodia and Thailand, CEO of industry body United States-India Strategic Partnership Forum (USISPF) Mukesh Aghi has said.
While the forum is advocating India not just as a preferred market but also as an export hub, many of its member firms have raised concerns about sudden policy changes impacting inbound global investments.
Companies fear returns on long-term investments getting hurt, Aghi said citing the recent move by some Customs authorities to detain import consignments from China.
On the issue of Chinese goods being detained at Indian
