Nearshoring goes beyond the industrial sector

The potential of relocating production chains to national territory has not only attracted industrial companies, but an interest is beginning to be seen in those related to consumption, highlighted Adrián Otero, general director of the Scotiabank Financial Group.

There are Canadian and American companies that have their eyes on Mexico because of the potential offered by its “privileged location” in the trend of nearshoring. These are from naturally expected sectors, such as manufacturing and industrialbut others also appear.

“He consumption, with 120 million Mexican men and women, imagine the niche and opportunity there is. We are also seeing, derived from the Demographic bonusinterest in the entire topic of the part, e.g. pharmaceutical”, he revealed in an interview prior to the 87th Banking Convention.

This shows that the opportunity that Mexico has is ready to be taken advantage of. What you have to work on to not lose it is to maintain the security, infrastructure and connectivitysince an area that goes unnoticed is the railway between the T-MEC partnershighlighted the banker.

All this impact will be reflected in the generation of greater employment and development for the population, and the banks would benefit in the consumer portfolio.

“I believe that we have to take advantage of that moment and support Mexico to continue growing and developing,” Otero stressed.