My View Point

India could be the next blue eyed nation for electronic industry all over the world and this can happen over a decade. You must be thinking, Why is it so? It has many aspects to understand, let’s take them one by one. Today’s China is the biggest manufacturing market in electronic industry, all over the world, and also known as the world’s factory, but this was not true in Twentieth century. In 1980s India’s Electronic export was more than that of China. Both India & China were almost at the same platform but China takeoff from there and never look back. In 1980s Industries in US and Europe were scaling up and looking to develop facilities around the world to reduce their production cost. As in Europe and US, the labour rates were high as 12-15$ per hour however, in Africa, India & China the labour charges were much lower.  Also the establishment in Africa was much riskier than that of in India or China. As India was a young nation that time, the leadership was not v...