| Summary/Abstract |
World trade has been the engine of global growth and demand for free and fair global trade free from protectionist measures is still the most accepted desirable norms. We are living in a multipolar global economic order today where global economic major powers have started accepting the role and potential of regional manufacturing hubs. America , China , Italy , Germany , united kingdom , Russia have been governing the global economy for a long time and even maintained their hegemony in global supply chain. But now the multiple trade wars among several global powers have given opportunities to regional manufacturing hubs across the globe to flourish.
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