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I don't think problems like this were unexpected, everyone knows India's manufacturing sector is less mature and not hyper-competitive like China's. Companies l
by _23sd 4y ago
I don't think problems like this were unexpected, everyone knows India's manufacturing sector is less mature and not hyper-competitive like China's. Companies like Tata especially are going to be cautious to a fault about changing processes or spending a lot of money on improvements, because that attitude is what made them successful in India so far. The question is, will this new interest from Apple and others allow the country's electronics industry to grow and see the more capable businesses outcompete the rest?