Can India replace China as a manufacturing powerhouse?

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 11 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 66%

Business News

India,China,Manufacturing

The programme When Titans Clash looks at the shape of things to come. Indonesian President Joko Widodo (right) helping to charge an electric car at the launch of the first public electric vehicle charging station in Nusa Dua, Bali, in March 2022. (File photo: Sonny Tumbelaka/AFP)MUMBAI and JAKARTA: Last year, India had plenty to celebrate. Apple opened its first flagship store in the country and shifted a chunk of its manufacturing from China to India as well. And it was joined by many other companies. United States-based Micron Technology agreed to build a US$2.75 billion (S$3.7 billion) semiconductor facility in Gujarat state, with Micron spending up to US$825 million and India funding the rest

Last year, India had plenty to celebrate. Apple opened its first flagship store in the country and shifted a chunk of its manufacturing from China to India as well. And it was joined by many other companies.

United States-based Micron Technology agreed to build a US$2.75 billion (S$3.7 billion) semiconductor facility in Gujarat state, with Micron spending up to US$825 million and India funding the rest

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines