In an increasingly interconnected world, the rules of the economic game are changing, and Mexico is at the center of one of the most powerful trends: nearshoring. In the inspiring TEDx talk “Nearshoring: Mexico, Believe It, We Will Do Well,” Jesús Carmona highlights how the country can seize this global transformation and position itself as a leader in manufacturing and production.
Why Is Mexico the Ideal Location?
Nearshoring is the strategy of relocating production to nearby countries instead of outsourcing it to distant locations like China. Why is it gaining momentum? Because companies are looking to reduce costs, avoid supply chain disruptions, and operate in geopolitically stable regions.
Mexico holds a privileged position due to its: Strategic location: With a 3,000 km border with the U.S., the world’s largest market is right next door.
Strong trade agreements: Over 12 agreements, including the USMCA, allow for duty-free exports.
Skilled and competitive workforce: A young and continuously trained talent pool to meet industry demands.
Lower costs and shorter delivery times: In a world where time is money, having production nearby is a game-changer.
The New Era of Manufacturing: Mexico on the Global Radar
Major companies like Tesla, BMW, Foxconn, and General Motors are already betting on Mexico for expansion. Why? Not only because of tax incentives and growing infrastructure but also because they need to reduce risks associated with depending on Asia.
Moreover, the supply chain crisis during the pandemic made it clear that businesses need safer and faster alternatives for sourcing. Mexico has everything it takes to thrive in this new landscape.
Jesús Carmona makes it clear: Mexico has the talent, infrastructure, and opportunity. But the most important factor is mindset. We can’t just wait for opportunities to come our way—we need to seek them out, innovate, and prepare to become the powerhouse we are capable of being.
Challenges exist, such as improving infrastructure and strengthening education, but if businesses, investors, and the government work together, the potential is HUGE.
Nearshoring isn’t just a trend; it’s a golden opportunity that Mexico must embrace with confidence. As Jesús Carmona says: “Mexico, believe it, we will do well.”
Get in touch with us today to find out how we can help you with your development in Mexico or Japan.