It's not too bad if you consider that China is 17.6% of the world population; suddenly around 30% of manufacturing share doesn't seem that high. However, India

It's not too bad if you consider that China is 17.6% of the world population; suddenly around 30% of manufacturing share doesn't seem that high. However, India at 3% is pretty eye-opening, but this is gradually shifting not just because of the China+1 strategy but due to the larger growing market (read: increase in standard of living / spending capacity / GDP per capita) in India and also government measures such as high import duties on high-volume goods such as smartphone (eg: Samsung's mobiles factory in Noida is the largest mobiles factory in the world [0] (India's market for mobiles (non-smartphones) is still relatively large)). [0] https://news.samsung.com/in/samsung-inaugurates-worlds-largest-mobile-factory-in-india https://news.samsung.com/in/samsung-inaugurates-worlds-large...