Introduction: India's growing population, while it may seem enviable to some countries with low birth rates, also brings with it tight resource allocation and scarce jobs. To address this challenge, India has begun to aggressively develop its manufacturing sector, attract foreign investment, and try to get rid of its dependence on Chinese manufacturing. However, withChina and IndiaWith the release of export data, India finds itself still dependent on Made in China in its ** with China, and it seems that there is still a long way to go away from Made in China.
India's manufacturing industry has shown strong development ambitions and potential, and has adopted a series of policy measures to promote the development of its own manufacturing industry. India has developed the "Make in India" initiative, which aims to enhance the competitiveness of India's manufacturing sector, attract foreign investment, and encourage local companies to scale up production. For India, which has a huge labor resource, it has attracted multinational companies such as Apple, Foxconn, Micron Technology, Tesla and other multinational companies to move their production bases to India to reduce costs and expand the market.
Expansion: As a country with a large population, India understands that the development of the manufacturing industry is crucial to achieving the rational allocation of resources and solving the employment problem. As a result, India has enacted a series of policies to promote the prosperity of its manufacturing industry. Among them, the "Make in India" initiative is seen as an important engine for the development of India's manufacturing industry, aiming to attract more foreign investment and increase the productivity of local enterprises. This initiative has attracted the likes of Apple, Foxconn, Micron Technology, Tesla, etcInternationalFavored by giants, they have moved their production bases to India in order to seek cost advantages and market expansion. India aspires to surpass Japan and Germany to become the world's third-largest after the United States and ChinaEconomyfor this reason, it has shown strong ambition and development potential.
China and IndiaThere are long-term exchanges between the two countries, but there is a huge gap between the two countries. According to the latest data, in 2023China and India**The total reached a record high of $136.2 billion. However, China's exports to India are as high as $119 billion, while India's exports to China are only $17 billion, resulting in China's presence inChina and IndiaMore than $100 billion has been formedSurplus。This also means that Chinese companies have gained considerable gains in the Indian marketProfit, while India remains highly dependent on Chinese goods.
Expanding: AlthoughChina and IndiaThe two countries have maintained close ties for a long time, but there is a clear imbalance in the relationship between the two sides. The latest data shows that in 2023China and India**The total reached a record high of $136.2 billion. However, China's exports of goods to India are worth $119 billion, far exceeding India's exports to China at just $17 billion, contributing to China's presenceChina and India** In the huge amount of more than $100 billionSurplus。This also means that Chinese companies are profiting from the Indian market, while India is heavily dependent on Chinese goods**.
Although India has made some progress in manufacturing development, most Indian-made products still rely on Chinese imports of components. While India's manufacturing capacity in areas such as smartphones continues to grow, and the proportion of local manufacturing is gradually increasing, it is the components from China that are behind all this**. This also means that India still has a long way to go to get rid of its dependence on Chinese manufacturing, and needs to establish a complete first-chain system and solve a series of infrastructure problems such as transportation hubs.
Expanding: While India has made some progress in manufacturing, especially in the production of products such as smartphones, the fact is that much of India's manufacturing industry is still heavily influenced by parts and components from China**. Although the proportion of local manufacturing in India is gradually increasing, it is still China's first-chain system that supports all this. Therefore, if India wants to truly get rid of its dependence on Chinese manufacturing, it still needs to solve a series of infrastructure problems such as transportation hubs in order to build its own complete and independent first-chain system.
Summary: FromChina and India**As can be seen from the data, in the development of the manufacturing industry, India is far from being able to get rid of its dependence on Chinese manufacturing. Despite India's strong development ambitions and policy support, there are still many challenges and dilemmas in reality. In order to achieve the independent development of the manufacturing industry and get rid of its dependence on China, India needs to continue to work hard in the construction of the first chain and infrastructure construction in order to truly become an important force in the global manufacturing industry.