Manufacturing India

The Coming Indian Manufacturing Boom:

Quick, from a Spend Management perspective, what's the biggest difference between India and China? If you guessed that India was largely services focused and China had more of an industrial bent, you'd be wrong. India, in fact, is headed down the manufacturing path as well. A recent summary of a CGE&Y paper in Supply Chain Management Review captured some anecdotes that show why. According to the story, "A survey of more than 340 manufacturing companies around the world confirms that India could rival China as the most sought-after location for manufacturing within five years."

This seems like it would be a key development for the Indian economy. After all (as has been noted several times elsewhere), it's a lot easier to train factory workers than to train folks to become IT consultants.

Comments

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[ティンバーランド]

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