
200 American companies shift their factories from China to India
It refers to welcome news about 200 American companies shifting their manufacturing-units from China to India. It may be recalled that earlier on 09.7.2018 Prime Minister of India and President of South Korea jointly inaugurated largest manufacturing-unit in the world in a big 35-acre plant with capacity to produce 120 million mobile-phones set up by South Korean company Samsung in Noida (India) in tune with ‘Make in India’ concept. Earlier also way back in 2015, leading aircraft-manufacturer Airbus Industry (France) had announced investing $ two-billions in India for manufacture of aircraft-parts.
India is largest consumer-base after China and can devise ways so that global manufacturing-giants may be forced to set up manufacturing-units in India if they desire their brand-names being ...