New Delhi: China is adopting a quiet yet devastating strategy to keep India out of the global manufacturing market explained by chartered accountant and popular influencer Vivek Khatri. According to Khatri, India is busy holding summits and creating policy documents, while China is quietly redefining the global supply chain.
This is a kind of industrial warfare that is slowly taking place. China is three steps ahead of India in this regard. China is using its trade surplus as a geopolitical tool. Under the ‘China Plus One’ strategy, China is investing in other countries.
However, India is being deliberately excluded. Khatri says that China is depriving India of critical industrial inputs and is also trying to thwart India’s efforts to become a manufacturing power. However, India still has a chance. If it reduces bureaucratic red tape, expedites trade agreements, builds industrial clusters, and strengthens its infrastructure, it can counter China’s plans, according to navbharattimes.indiatimes.com.
India is busy with conferences and policies, while China is quietly reshaping supply chains around the world. All of this is happening calmly and without any fighting. Khatri sees this as a slowly unfolding industrial war, with China already three steps ahead.
Khatri states that China’s massive trade surplus is not just a figure, but a geopolitical weapon. Under the ‘China Plus One’ strategy, companies are diversifying their supply chains across different countries. China is investing in countries like Hungary, Mexico, Morocco, Vietnam, and Indonesia. These countries are collaborating with China. They do not compete with China. In return, they receive substantial investments from China, according to navbharattimes.indiatimes.com.
Khatri believes that India is being deliberately left out of this strategy. He claims that India is the only country that can advance in manufacturing like China. China remembers how it established its dominance. It does not want to give India that opportunity. Even a company like Apple, which is considered a success story for electronics in India, is not performing as expected. Production of iPhones in India is only 15% compared to the global target of 25%. This is due to strikes, delays, and irregularities in work.
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