China has done a lot of process level innovation which […]
China has done a lot of process level innovation which India or the rest of the world does not know. China can manufacture many things in a short span and ship the buyer. India can’t do that. China is an expert in cheap manufacturing. The world needs to value that skill and capacity.
China has a rock solid infrastructure, many suppliers who support the domestic manufacturing. India doesn’t have that kind of infrastructure.
The cost of manufacturing in China is also low if you China Textiles Suppliers pay the same wage. India is good at textiles, even if the wage is much below than Chinese wage, India is far behind textile exports. Similarly, India has huge shortage of minerals and raw materials. China has invested in the foreign countries to get those China quickly and efficiently.
So, manufacturing is not moving out fromWoven Jacquard Fabrics Manufacturers China. Some of them will move out to India, Indonesia, Vietnam, but most will stay there.
China has invested and also investing a lot of money in AI, Automation and robotics. China has also a huge indigenous electronics industry. Slowly, all those things will pay off. China should be least concern about losing manufacturing.