Company/Division name | Zaara Biotech USA |
Parent company | Zaara Biotech |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | India |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | algal seaweed technology |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, $10 Mn from the UAE-based TCN International Commer |