- Britain will spend $ 650 billion in 2028 on reindustalization efforts
- US executors are more concerned about duty than their British colleagues
- Supply chain pressure and the desire to be closer to customers also play
UK companies are preparing
As a result, Britain’s companies are planning to invest $ 650 billion in reinustalization by 2028, up from $ 430 billion in 2024, new finds from the Capgemini report.
More than a quarter (28%) is also investing in nearby this year, up from 13% in 2024, although the UK still hangs behind the United States, where 37% have invested in nearby.
Businesses diversify their investments
Capgemini notes the resistance chain’s resilience (97%), geopolitical concerns (94%) and the desire to be closer to customers (96%), as key strikers for the increased interest in re -industrialization – something more than three out of five (62%) has been actively implemented.
Apart from the increase in execs with reference to supply chain pressure as a concern (95% compared to 69% last year), this was the first time being closer to customers appeared as a big driver.
In addition, 48% of British executors and 59% of US executors have accelerated their organization’s reinustalization efforts as a result of ongoing customs changes.
“Organizations intensify their efforts to risk and diversify their manufacturing and supply chains through veneshoring to strengthen the proximity to the markets,” said Aiman Ezzat, CEO of Capgemini.
The study found that reindustrialization was particularly remarkable in the manufacture of battery/energy storage, the automotive industry and telecommunications.
Geographically, 82% of the executors exposed by Capgemini revealed that they are planning to reduce their supply chain dependence of China – a significant increase compared to 58% by 2024. Instead, they seem to target reindustrialization in North America, Britain, Mexico, Vietnam, India and North Africa.
“In a developing global landscape, regional cooperation with suppliers, technology suppliers and decision makers will be the key to building an elastic and adaptable production ecosystem,” Ezzat added.
