FaujHistorian
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This was bound to happen as the per capita income rises industry is going to seek new countries for cheap labour
I just hope the dedicated frieght corridors are completed fast & india's industrialisation happen quickly
If modi forms the next government this can happen no one on the planet after china can challenge us in setting up infra for manufactring
Please note the following.
1. Rust belt refers to steel industry and related manufacturing.
2. No other country so far can beat China in labor prices.
3. Factors driving down Chinese output are also pushing Indian industry down.
4. Modi will win a lot of seats. But him forming government in the center will be very very difficult unless he galvanizes his Hindu vote base using some thing similar to Babri.