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I have been hearing this for many years that India has abundance of human capital but reality paints a different picture. Fact is many Western companies that ha
by Qtips87 4y ago
I have been hearing this for many years that India has abundance of human capital but reality paints a different picture. Fact is many Western companies that have set up manufacturing shop in India eventually moved out because it was losing money. Ford is a good example.
- throwaway12388 4y agoHow come japanse and korean car manufactures are successful in India?
- throwaway_9120 4y agoFord lost money because it couldn’t understand the Indian market not the reason you cited above. Hyundai and other foreign companies are shining in India.
- programmer_dude 4y agoFord was not competitive in the Indian market. It simply failed. Are you surprised? Doesn't the US ban the importation of any car model newer than 22 years (may be misremembering this figure), thus ensuring the dominance of mediocre products in the American market? Edit: it's actually 25 years: https://www.autoweek.com/car-life/a1707441/who-really-benefits-25-year-import-rule/ https://www.autoweek.com/car-life/a1707441/who-really-benefi...