New Delhi, Sept. 10 -- India is fast emerging as a major beneficiary of global supply chain realignments, according to a new report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Boston Consulting Group (BCG).

The report, titled "Evolving Landscape of Global Value Chains," underlined that scale and efficiency, though still crucial, must now be matched by resilience, adaptability, and compliance to withstand shifting trade flows.

India is among the biggest beneficiaries of shifting trade flows. The US's USD 150 billion import cuts from China have already created nearly USD 23 billion in new exports for India, the report asserted.

"Global trade flows are shifting from single-country dependence to multi-region n...