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Thread: Made in India competing with Made in China
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[quote=KEVIN0518,246724]Recently, Made in China's reputation has been in trouble. The poisonous toys and un-qualified aquatic products caused great damage to China's manufacturing reputation. With these problems of Made in China, the world's attention has turned to India, another rising power in Asia. In March, India's manufacturing exports reached 80 billion US dollars, taking 65% of its total export volume. This made India become one of the manufacturing giants in the world including Brazil, Thailand and Malaysia. In 2005-2006, the automobiles exports exceeded 2 million US dollars. Especially the automoble components industry has made great progress. Last year, its turnover reached 10 billion dollars and exports exceeding 1.8 billion. It is estimated that its turnover will reach 40 billion. What's more, many mulinationals have set their manufacturing bases in India, such as Ford and Toyota. With its remarkable achievements, people guess that India might become another manufacturing center in Asia and can compete with China. Some even claim that India will replace China in the near future. What do you think? Will it become true?[/quote]
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