TOKYO -- Japanese manufacturers will now be eligible for subsidies if they shift production out of China to India or Bangladesh, in an expansion of a government program aimed at diversifying the country's supply chains.
Industry ministry launches second round of program to diversify supply chains
Workers assemble air conditioners for Japan's Daikin Industries at a plant in Neemrana, India. © Reuters
TOKYO -- Japanese manufacturers will now be eligible for subsidies if they shift production out of China to India or Bangladesh, in an expansion of a government program aimed at diversifying the country's supply chains.