Alternative Global Value Chain - Is India going to be 'Next China'

The doubters in the White House successfully palmed off their conspiracy theory to the occupant of the Oval Office that the 'Wuhan virus' was an integral part of a germ-warfare-linked research which the PLA had sponsored, and the same was deliberately leaked to challenge the superpower man...

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Bibliographic Details
Published inTax India Online
Main Authors Kumar, Shailendra, Founder Editor
Format Trade Publication Article
LanguageEnglish
Published Mumbai Athena Information Solutions Pvt. Ltd 26.09.2024
Subjects
Economic growth
Exports
GDP
Geopolitics
Gross Domestic Product
Pandemics
Supply chains
Tariffs
Value chain
Zero tolerance
India
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Summary:The doubters in the White House successfully palmed off their conspiracy theory to the occupant of the Oval Office that the 'Wuhan virus' was an integral part of a germ-warfare-linked research which the PLA had sponsored, and the same was deliberately leaked to challenge the superpower mantle of America! A voodoo idea! or, was there a smidgen of truth, is not clear thus far! [...]the new occupant of the Oval Office upped the heat and escalated the tariff battle to new areas such as exports ban on advanced technology like semiconductors and other vital ICT products. First advantage to India is its demography. India's population will peak around 2070 to 1.7 billion - 400 million more than today. Since fertility rate and prosperity are inversely related, it would diminish for India but would match the best by all but African standards. [...]Chinese companies barely generate potential employment opportunities.