4 ms·
That's a fair point. China remains a manufacturing powerhouse, while the likes of India, Vietnam etc. also make rapid strides. Just look at the trend towards "
by factorialboy 4y ago
That's a fair point.
China remains a manufacturing powerhouse, while the likes of India, Vietnam etc. also make rapid strides. Just look at the trend towards "friendshoring" / "allyshoring" and the likes of Apple, Samsung etc. moving manufacturing from China to India / Vietnam.
Also, it helps in stable growth that India's population is growing and consumption is internal.
"Strawman arguments" such as war with China, ecological crisis etc. are redundant.
It goes without saying that if there's a major ecological crisis or a war, India could suffer. Any country could suffer with those conditions.
These are but one of many factors in a prediction model, and dare I say these aren't decisive factors.