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Absolutely, manufacturing requires 1. Cheap Skilled Labour (India has unskilled labour because skilled abour is expensive in India) 2. Mineral Resource (India
by pankajdoharey 6y ago
Absolutely, manufacturing requires
1. Cheap Skilled Labour (India has unskilled labour because skilled abour is expensive in India)
2. Mineral Resource (India doesn't even have anthracite deposits for steel production) leave alone oil and other minerals for manufacturing.
3. India does have a good mix of software and other Engineers.
I think the best manufacturing countries for expansion out of china are African countries which do have Unskilled labour and Mineral resources. They can hire the rest from outside.
- moreorless 6y agoYou're not alone in this thinking. Chinese corporations have been investing heavily in Africa for quite some time now.
- pankajdoharey 6y agoOfcourse people in the game know much better than a armchair intellectual like me.
- totalZero 6y agoAll of these things are available in spades in South America.