So India has 5times low labour cost than China. hmmm
0 replies
More like this
Recommendations from Medial
Aditya Arora
ย โขย
Faad Networkย โขย 9d
India canโt beat China. Let us talk numbers.
China has 200 lakh CR tax revenue (5 times more than us)
China has 2.2 million R&D workers (2.5 times more than us)
China's R&D budget was 420,000 CR last year (21 times more than us)
China slashed 361
We all know the secret sauce of China's growth -- its CHEAP labour
But why is their labour cheap?
what made them stand strong among other countries, just with the help of cheap labour?
Watch this video by Think school.
Waiting for your opinion
Trump's tariff policy is actually good for Indian economy in long run... India has already surpassed China in growth ๐ of Goods and Service export and now Apple ๐ wants to manufacture more iPhons in India than China ...
It is an God given chance.
See More
0 replies5 likes
mg
News & updatesย โขย 18d
Shanghai (China) has surpassed Mumbai (India) as Asia's billionaire capital
Shanghai now has 92 billionaires,
Mumbai has 90 billionaires.
1.India-China Bilateral Trade
Since the beginning of the last decade, bilateral trade between India and China has recorded significant growth. From 2015 to 2022, India-China bilateral trade grew by 90.14%, with an average yearly gro
See More
0 replies5 likes
SAGAR BIKKAD
Hey I am on Medialย โขย 6m
In the trade war between America and China, our condition is like that man..๐ฌ
How what?๐
The US yesterday imposed higher tariffs on imports of steel, solar modules, batteries and EVs from China.
This made those Chinese things expensive in Ame
See More
1 replies5 likes
Abdul Alim
Help Students in fin...ย โขย 1y
Any cheap marketing idea in India..? I have an tuition app which provide home tuition how can Market my app with low cost possible in India..??
30 replies8 likes
Rohith R
I help businesses to...ย โขย 4m
Medial has more user base in america than india???,... Interesting!...
โChina Manufacturing strategy breakdownโ
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 ).
Chin