Manufacturing Industry
I made Larry Ellison say, "I don't know.".(Upfront)
Manufacturing Business Technology, January, 2005 by Parker, Kevin
The move to manufacture products in low-cost countries (LCC) is likely to result in around 30 million new manufacturing jobs in India, netting an increase in its exports from $40 billion to $300 billion by 2015. A new study--conducted jointly by the Confederation of Indian Industry (CII) and McKinsey Co.--also reports that India will take advantage of this opportunity in skill-intensive industries where it has significant competitive advantage, such as auto components and pharmaceuticals.
In fact, India's competitive advantage goes beyond its low wage structure to include a strong engineering skills base, established raw material base, and growing domestic demand. To take full advantage, the Indian business sector will have to transform its...
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