Chinese Tech Companies Building Factories In India

jfruh writes: Over the past two decades, China's relatively high skill, low cost workforce made the country a powerhouse of tech and electronics manufacturing. But in a sign that things might be changing, several large Chinese companies, including Foxconn and Huawei, are investing billions to start manufacturing in India. Xiaomi is expected to announce its first India-made phone today, as well. The article says that Foxconn's planned factory in Maharashtra "would create employment for at least 50,000 people, state chief minister Devendra Fadnavis said after the signing of the agreement at which Foxconn CEO Terry Gou was present."

Comments

Re:Africa after That?

[rmdingler]

Cheap labor remains an important consideration when moving manufacturing facilities.

But. Africa. Regional political unrest can undermine labor costs, raw material availability, and friendly tax packages.

For the next industrial emigration, manufacturers are going to want cheap and easy.