The CEO of Nimbus Post, Satish Kumar Gupta, has stated that the Indian government's new initiative, PM Gati Shakti, could lead to the relocation of several businesses from China to India. The initiative aims to develop a multi-modal transportation network across the country, with a focus on improving connectivity and reducing logistics costs.

According to Gupta, the move will be particularly appealing to businesses in the manufacturing and e-commerce sectors, as it will make it easier and more cost-effective to transport goods across the country. He also stated that the new infrastructure could make India a more attractive location for international businesses looking to set up operations in Asia.

The CEO's comments come at a time when several countries, including India, are looking to diversify their supply chains away from China due to geopolitical tensions and disruptions caused by the COVID-19 pandemic. The PM Gati Shakti initiative is expected to further support India's efforts to become a more attractive destination for businesses looking to relocate or expand their operations.