Neurath
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You pretty much summed it up. And what most Indians aren't able to get in their heads is that just like jobs were lost in India, they were lost in the West as well. Employment was going to increase in India as western companies were investing and shifting production there.How can India manufacture for the world if it can't even manufacture for itself? There are no semiconductor fabs, display fabs, electronics production, aerospace production, machine tool production, fine chemical production, etc. in India. Even for infamous Indian IT and pharma, your computers are imported from China, your phones are imported from China, your APIs are imported from China, even your pens are imported from China.
Say goodbye to this dream of yours. These Western companies will now take back their production to their respective countries to deal with their own job crises as the author of the article states. Funny how Indians think that America would further outsource production to India, when it is facing the biggest job crisis of its entire history.
Then they say: "wE wILl pROdUCe OuR SelvES"
Please. just please, India imports almost everything from China even in the IT sector.