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Why global manufacturing won’t desert China for India. Automation, near-shoring are the priority.

Prime Minister Narendra Modi feels India can emerge as an alternative investment destination to China, and the US, too, believes it’s a possibility. But even a China in retreat may not shift global supply chains to India. Cheap labour won’t be a game changer for India in an era of automation, and at a time when near-shoring will become more relevant.
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20 May 2020 10 Mins Read 24 comments
Battery module and pack production line at Tesla's Giga factory in Shanghai, China; image credit: Tesla
Battery module and pack production line at Tesla's Giga factory in Shanghai, China; image credit: Tesla
The emerging order post Covid-19 is an opportunity for India to emerge as an alternative investment destination to China, believes Prime Minister Narendra Modi. Wake up “the sleeping giant”, Modi urged a gaggle of chief ministers recently. The US, locked in a fierce trade war with China, certainly believes it’s a possibility. “India can quickly become a
income levels could lead to social unrest, turning the situation worse. The silver lining is that given India’s puny share in global trade, even a small step can make a huge difference. This unprecedented crisis can be positively used to propel the political and business class to break out of their inertia. ( Graphics by Mohammad Arshad)
The emerging order post Covid-19 is an opportunity for India to emerge as an alternative investment destination to China, believes Prime Minister Narendra Modi. Wake up “the sleeping giant”, Modi urged a gaggle of chief ministers recently. The US, locked in a fierce trade war with China, certainly believes it’s a possibility. “India can quickly become a income levels could lead to social unrest, turning the situation worse. The silver lining is that given India’s puny share in global trade, even a small step can make a huge difference. This unprecedented crisis can be positively used to propel the political and business class to break out of their inertia. ( Graphics by Mohammad Arshad)

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