Battlion25
SENIOR MEMBER
- Joined
- Jul 18, 2021
- Messages
- 2,972
- Reaction score
- -5
- Country
- Location
Yes what my point was local assembly, and the steps any country has to take to develop their industry base. . All of the brands you listed have localization in India and rarely import finished products. All of this happened in the last 10 years which we lost.
'Made in India' iPhones make Apple's 70% domestic market sales
According to sources in the know, Apple value addition in the country for mobile devices currently was around 15 per centwww.business-standard.com
The reason I mentioned India is in the 90's and early 21st century India was not very much different from Pakistan, India went ahead of Pakistan in the last decade. Same as Bangladesh especially in textiles even though Bangladesh has very little cotton production ( correct me if I am wrong) but just because of flawed policies even our textile sector suffered and value addition was insignificant ( moved to the bottom with cotton cloth or yarn as the bulk of exports).
Importing less and less finished products. For example they are well behind China and are ahead of us. ( Even China started with local assembly than moved onto indigenization of local parts and are have now their industry has developed enough sophistication to start rivaling other countries in niche manufacturing and technologies).
Same goes for their other sectors in India e.g. auto sector ( they started with local assembly than moved onto local manufacturing of auto parts and are now auto parts are a big chunk of their overall exports).
Went ahead? You have never been to India I reckon. If you set a foot there you feel like you stepped back in time bro and I am not kidding