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Thread: Made in India competing with Made in China
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[quote=MARRIE,269522]In export sector, India weigh more on Software and service which is capitcal intensive and China on mfg products in electronics, auto parts, toys, etc that is labor intensive because Cn has superior infrastructures and better policies of supporting large scale of and attracting foreign investments. · Most Recent June 8, 2007 By Adam Segal If India does not see itself in a race with China (and I suspect it does), then it better wake up, because China is engaged in a race with India, as well as with Japan and the United States. The competition in information and communication technologies is a great example of how the rivalry is playing itself out. As is well known, China’s technology success has been in hardware, India’s in software. The Chinese IT market is about 70 percent hardware, 12 percent software, and 17 percent services; the Indian market almost the reverse with 60 percent software, 20 percent hardware, and 17 percent services. Chinese companies have done well in domestic markets but, with the exception of Lenovo and Huawei, have not yet established themselves as true multinationals. Infosys, Wipro, and Tata, along with others, are true global players. [/quote]
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