3 ms·
I'm surprised that China would permit corporations to enter into joint ventures with Indian ones.
by eszed 1y ago
I'm surprised that China would permit corporations to enter into joint ventures with Indian ones.
- msgodel 1y agoA lot of people (surprisingly often Indian Americans for some reason) don't like to hear it but India and to a lesser degree Mexico is probably going to be the China of the next decade or two. It would be insane for China to not do that.
- jatins 1y ago> India and to a lesser degree Mexico is probably going to be the China of the next decade or two Do you have anything to support that? My read of that article suggests that India's manufacturing has declined and the "Make in India" initiative wasn't a success. So how does India become China over next decade?
- unmole 1y ago> India's manufacturing has declined Manufacturing's share of GDP has declined meaning manufacturing grew slower than services. Manufacturing absolutely did not decline.
- jatins 1y agoSo is India on track to have manufacturing capacity on par with China today in next 10 years? I am not saying it's not possible, just curious if any data supports the claim