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SHIV DIXIT
CHAIRMAN - BITE INDU... • 10m
“China Manufacturing strategy breakdown” Do you know China is Earning whole India gdp with the help of manufacturing. Basically China is entrepreneur economy and around 29% global manufacturing belongs to china worth ( 4 Trillion dollars ). China Manufacturing Strategy— 1=} Cost leadership strategy- establishing a competitive advantage by having the lowest cost of operation , cheap labour in the industry gives you unbeatable competitive advantage like jio 2=} Mass Production Strategy - China is producing every single thing in large scale with the help of research and customer behaviour data. Basically in simple words if you have data what Indian customer is consuming on daily basis then you can mass produce that product and after this you can easily kill competition and dominate the market. We can say that China is coping , inovate and modifying every product on earth and provide better deal. 3=} China is deadly combo of inovation, mass production , and customer behaviour data.
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