Indian manufacturing is on the up and Chinese investment is leading the way

//Indian manufacturing is on the up and Chinese investment is leading the way

Indian manufacturing is on the up and Chinese investment is leading the way

When I was the international director for the Tata Group, India’s largest manufacturer, some 15 years ago, we found that we could buy truck wheels from China cheaper than the steel cost in India. We, like thousands of other companies, ramped up sourcing from China.  Things look different today. With escalation of costs in China, shifts in exchange rates, and now the threat of tariffs, China is no longer a cheap manufacturing location. Sourcing of volume goods, like textiles or electronics, is…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-02-20T07:04:33+00:00 February 20th, 2019|Business|Comments Off on Indian manufacturing is on the up and Chinese investment is leading the way