I think Make in India is not going to happen...
'Made in China' is already good enough and cheap enough for developing countries...
India made products can only be slight cheaper with much lower quality..
India can only make something that is extremely sensitive to cost...
As what I see, the problem will be mostly the base infrastructure and people..
India lacks base infrastructure of power, transportation, water
Also education of people is not that good...
Even much younger than China, not every people can read and write..
A majority of India population is useless from economy side...
'Made in China' is already good enough and cheap enough for developing countries...
India made products can only be slight cheaper with much lower quality..
India can only make something that is extremely sensitive to cost...
This is the new enrollment in global supply chain. Nice collaboration of both countries.
Sourcing from Japan is only part of China's demand and the major portion still retained to Chinese venders such as BOE and even small firms. China is such monstrous industrial giant and hold the crux of global supply chain. I am just wondering how "makes in India" even starts. No offensive just fair observation.
As what I see, the problem will be mostly the base infrastructure and people..
India lacks base infrastructure of power, transportation, water
Also education of people is not that good...
Even much younger than China, not every people can read and write..
A majority of India population is useless from economy side...
India suffers from widespread corruption, hence, it is a huge risk for overseas investors to do business there. Also, the country lacks infrastructure. China, on the other hand, is a manufacturing powerhouse with great logistics. Do the math.