Re: India will outpace China in the long run
http://www.reed-electronics.com/eb-mag/article/CA6328382.html
India is not the new China. It is not and never will be the next-cheaper country to head for in search of the lowest current production costs. Manufacturers using the “least cost” strategy are now moving operations to Vietnam and Indonesia. And there are other Asian countries available when these two become too expensive. The South Koreans have recently set up factories in the demilitarized zone, using North Korean labor.