5 Years In China, India May Become The Biggest Threat
The next few years, manufacturing or catch up with China will become India’s Another breakthrough!
Recently, Europe’s largest IT Industry consulting firm Capgemini released a research report. The report said India’s economy has long been mainly in information technology, finance and customer service is famous for three types of outsourcing, but now more and more developed for manufacturing projects to India has shown interest.
“The next 3-5 years, India will challenge China’s manufacturing center. This conclusion is derived from 340 manufacturing companies in the global survey, most of these companies,” Wealth “500. “Roy, vice president of Capgemini? Landers said,” We were surprised to find that, when respondents talked about plans for the next three to four years, almost unanimously that the transfer of manufacturing operations to India will be far better than Office Support the type of services outsourcing is even more heart. “He believes that the manufacturing sector in India will soon surpass the status of IT industry and service outsourcing industry. India Land Labor party Mask Lower than China’s cost advantage, will it attract multinational manufacturing enterprises the best magic weapon.
At present, the transnational giant Nokia , Dell and Hyundai Motor Co. and other vendors have set up factories in India. Hyundai Motor Company in particular, since the spent one billion U.S. dollars in 1998 built the first factory in India, the current of its mini-car manufacturing business has been all transferred. Automotive Component Manufacturers Association of India has predicted that India’s auto parts in 2008 than in 2006, exports doubled, reaching 5.9 billion U.S. dollars, and a breakthrough in the seven years, 20 billion U.S. dollars.
Analysts believe that India’s 1.1 billion population created a huge domestic market, and its current backwardness also means the demand for the next amazing, “India” five years, China is a real threat.
China is the factory of the world
Since the 80s of last century reform and opening up, the rapid development of Chinese manufacturing.
The mid 80s of last century, a large number of township enterprises in the first main body of China’s manufacturing industry. With the Investment Policy of the complete and further improvement of infrastructure, from Japan, South Korea’s number of enterprises started to enter China, mainly through joint ventures or Cooperation Influx way Clothing , Toys, Food And the chemical industry. 1990 years ago, the Internet economy’s recession led to decline in IT prices and profits, which makes China Taiwan makers noted that the cheap labor resources and good Geography Position, they began to coastal Guangdong, Shanghai, Suzhou and Fujian, as Electronic Production and processing base. Similarly, in 2000, China Mobile Communication Equipment market has attracted strong demand in Japan, South Korea and the European Union’s international mobile communications equipment manufacturers in the eyes, Hitachi, Samsung And Ericsson And other giants have their production, processing and links to China.
Today, China’s foreign trade development of rapid manufacturing, the proportion of manufactured goods in exports has been more than 90% share of international market share of exports has increased significantly. Energy, Textile And Home Appliances A dozen the number of trades more than 100 kinds of products remained the world’s first. Of particular importance is the use of domestic manufacturing in foreign investment is also much improved Investment Structure began with the labor-intensive industries to capital, changes in technology-intensive industries. As the world top 500 enterprises gradually into China, foreign investors continue to extend the industrial chain and supporting continued expansion in scale, R & D centers set up by increasing year by year. At present, China’s manufacturing industry began with international practice, adopt international standards or advanced technology for production, processing and marketing, competitiveness has improved significantly.
Accordance with the relevant departments of statistics, of the last century 80’s the added value of China’s manufacturing industry accounted for only the world’s total value added of 1.5%, to 1990, more than Brazil, China, manufacturing value added among the first in developing countries and regions about 2.7% of the global share of the world ranking 8. In 2000, the figure reached 7.0%, after the United States, Japan and Germany. In 2004, China’s share in global manufacturing rose to 10%, replacing the German into the top three.
“China has become a world factory, this is without a doubt.” Market analysts pointed out that the transfer of industries in developed countries and the global division of labor continue to improve the situation, speaking only from the electronic information industry over the past 5 years China has already absorbed more than 100 billion U.S. dollars of foreign investment. Currently, 40% of the world Mobile And PC , 45% TV Are produced in China, China’s communication system serving more than 100 countries and regions. The continued rapid development of manufacturing industry has greatly stimulated the domestic economy sustained rapid growth. The analysts said: “China can maintain economic growth of 10% per year, the role of the manufacturing sector can not be replaced!” I want to comment
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