The reasons why a company would setup its manufacturing unit in China rather than India are: 1. read more
The reasons why a company would setup its manufacturing unit in China rather than India are: 1. Existence of ancillary industries: In order to manufacture the end product (mobile, laptop, car) you need nuts, bolts, screws or other smaller manufactured goods. read more
While Abbott does not currently export its products from India, the U.S. company Cummins does manufacture its engines, generators, and turbochargers there to export across the globe. India is hugely important to the company’s revenue stream, and Cummins India is only one of eight operations they have in the country. read more
China also benefits from its proximity to a number of growing markets such as India and South Korea. Moreover, moving production to China gives manufacturers access to China’s rapidly growing domestic market. Low Raw Material Costs. At a time when manufacturers in all industries are trying to cut expenses, China provides a cost-effective option. read more