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Türkiye is becoming the China of Europe in terms of manufacturing.
by tboyd47 4y ago
Türkiye is becoming the China of Europe in terms of manufacturing.
- fomine3 4y agoCould you introduce some examples, like ODMs?
- tboyd47 4y agoUnfortunately no. I don't work in the field, but I just spent a few months there networking for business, and everyone is getting into the export/import business. Even housewives are making money just buying products at the local malls and dropshipping them to Europe. The labor is ridiculously cheap after the lira crash, raw materials for practically anything can be sourced domestically, and it's right in the neighborhood of everywhere except America and China.
- O__________O 4y agoLira crash is cause, it’s not sustainable.
- tboyd47 4y agoPerhaps, or maybe the world is transforming.
- O__________O 4y agoFeel feel to name even a single manufacturer in Turkey that’s now more competitive that a comparable Chinese manufacturer within past year and provide reasoning beyond the collapse of the lira that they’ll be able to maintain that edge; otherwise you’re just speculating without even anecdotal examples, likely bias, and clearly have a conflict of interests, given you’re recent trip to the area.
- tboyd47 4y agoI don't see how naming a manufacturer would do anything but make me look more biased. Like I said, I don't work in the field, so it would be pointless for me to try and construct an argument beyond the obvious points that Turkey has weak currency, close vicinity to Europe (i.e. inside Europe), strong defense, abundant natural resources, foreign capital inflows, capitalistic laws and plenty of working-age people. I don't know anything, really. The author was calling for ideas, and it's just an idea. Take it, or leave it. Of course, there's unique problems to deal with too, which you wouldn't find in China (threat of political instability and "boş ver attitude" being two of them). But nothing lasts forever and the world's honeymoon with China is no exception.
- scyzoryk_xyz 4y agoI don't know if this is representative of the bigger picture. But I recently talked to a Hungarian ultrasound gel factory owner. He complained about Turkish companies stealing his business.
- e-_pusher 4y agoFor which product categories? There is already a lot of textiles and automotive manufacturing in Turkey and has been for many years.