外文标题：India’s turn to become factory of the world: China state media
BEIJING: It is now India’s turn to emerge as the “factory of the world”, according to an article in Chinese official media, citing the economic downturn in China forcing companies to turn to India for manufacturing.
Plans by China’s phone maker Xiaomi and Taiwan’s Foxconn to invest in India point to strong movement of Chinese firms to cash on growing Indian market.
Xiaomi Corp. launched its first made-in-India handset a week ago while its Redmi 2 Prime is being assembled by Taiwanese contract manufacturer Foxconn which has signed an agreement worth $5 billion to expand its R&D facilities in India, the article in Global Times said.
“Recent years have seen an increasing number of discussions about the relationship between China and India, raising questions about whether it is a complementary or a competitive one.
Xiaomi’s recent moves would suggest that bilateral economic relations are moving toward complementary, it said.
In stead of ‘factory of the world’ it should be termed as ‘manufacturing hub of the world’ as the former reminds of very heavy pollution in the past.
But we need land to establish those factories.
There is enough land. No need to grab from farmers.
and remember Prince on any such moves of land acquisition
modis government is to b given the credit
This means more environmental pollution , and unhealthy environment awaiting ?
India can become a manufacturing hub for the world. But cannot replace China. China is still a large manufacturing Nation for the world. China with its accumulated reserve will buy assets and control of companies all over the world. They will be the Europe of the foregone days- owning assets and control of economic resources elsewhere in the world.
China please stop supporting Pakistan against India. Move ahead of your archaic strategic policies against India. Together we can be great economies.
if CONgress and opposition will let anything happen in parliament
Thank you Modiji.Long live India.Jai Bharat.
to stop fall of exports, CHINA has devaluated it’s currency..which is bad for INDIA.
Only India has cheap labor due to backwardness but labour quality in India is too low due to education system based on foreign language
China is victim of its own success. Should India follow in its footsteps?
Most raw materials are taken by china and usa…what are you gonna manufacture…sheep wool !!!!
be ready to get polluted like china