India Top List Of Cheapest Manufacturing Costs 2023 Countries

Focus on making India the center of global manufacturing

The Government of India is trying to make the country a center of manufacturing. Manufacturing is being promoted under the Central Government’s scheme Make in India. At the same time, work is also being done to bring foreign companies to India and attract them towards Indian products under self-reliant India. So that the manufacturing capacity of the country can increase further.

Companies coming from China to India

Manufacturing is done the most in China, but is behind India in terms of affordable cost. At the same time, foreign companies based in China are now looking for manufacturing opportunities in India. For some time, the business of mobile to automobile has increased rapidly in India, which has attracted the attention of foreign companies. Apart from this, the business situation in China has also worsened due to the outbreak of Kovid. Due to all these reasons, companies from China are coming to India. Recently, Samsung opened its office in India. At the same time, Apple is also closing business with China and making a retail shop in India. Apart from this, Chinese company Xiaomi and others are also opening branches for their manufacturing in India.

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