I think some investors keep talking about the India vs China startup comparison just to get attention
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Himanshu Dodani
Start now what you j... • 1m
No one can beat China, even the US. Here's why:
1. Production Cost: iPhone assembly in China costs ~$6/unit vs. $30+ in the US. Tesla builds EVs in Shanghai 30% cheaper than in the US.
2. Labor & Scale: Average manufacturing wage in China is ~$3.5
India is the 2nd largest producer of tobacco in the world after China. India is the 4th largest producer of FCV tobacco in the world after China, Brazil and Zimbabwe.
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Arcane
Hey, I'm on Medial • 9m
China has more industrial robots than rest of the world combined. Insane!