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200 AMERICAN COMPANIES SHIFT THEIR FACTORIES FROM CHINA TO INDIA

200 AMERICAN COMPANIES SHIFT THEIR FACTORIES FROM CHINA TO INDIA Featured

Report;Bureau,Odishabarta 

New Delhi,29/04/19: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 marketed in India. India is largest importer in the world for importing items of day-to-use like also computer-related items. India is definitely in a situation to on impose its terms on such imports. Many of the imported items are manufactured in collaboration in countries other than country of original manufacture owning the brand. Indian government should link import of largely used items with condition that brand-owning company may set up production-unit in India itself at least in cases where manufactured items are not being directly imported from the country the brand-owning company exists. 

Since original toner and ink cartridges of computer-printers are sold at exorbitant prices by original manufacturers, condition should be that such accessories will be allowed to be manufactured by any desiring Indian manufacturer for making these available to consumers at much cheaper prices.

 

 

 

Input;Madhu Agarwal

Read 74 times Last modified on Tuesday, 30 April 2019 03:55
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