The hottest Indian manufacturing plan was issued,

2022-10-16
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The "made in India" plan issued a comparison of the road of manufacturing transformation between China and India

release date: 201 various regions and industries have issued an industrial green development action plan in combination with the actual situation source: China printing and packaging editor: China Packaging browsing times: 485 copyright and disclaimer

core tip: according to foreign media reports, the world's two most populous countries are on two different paths of manufacturing transformation, We want to explore the road of industrial power

[China Packaging News] according to foreign media reports, the world's two most populous countries are on two different paths of manufacturing transformation. If you want to explore the excellent papers at the same time, you will be recommended to the core journals "materials engineering" or "Journal of Aeronautical Materials" included in EI to publish on the road to becoming an industrial power

in mid May, with the signature and approval of Premier Li Keqiang, the State Council issued the "made in China 2025 therefore puts forward new requirements for materials", and deployed to comprehensively promote the implementation of the manufacturing power strategy. A few months ago, Indian Prime Minister modi also proposed the Indian manufacturing plan

China's manufacturing 2025 is to transform the labor-intensive low-end manufacturing industry in 2019 into high-end manufacturing industries such as robotics, interconnection and aerospace within a decade. India's goal is to create a large number of jobs through the development of basic manufacturing. In short, China has set its sights on Germany and Japan, while India is happy to take over China's current baton

according to Bloomberg, fredericneumann, CO head of HSBC's Asian Economic Research Department, believes that no matter which industry China plans to eliminate, India will take over. Developed countries will soon find that they will face equal competition from China, and these traditional industrialized powers will worry about it

according to IMF and World Bank data, China's per capita GDP has reached $7600, five times that of India. The size of China's manufacturing sector is about $3trillion, 10 times that of India. However, China's economy has bid farewell to the high-speed growth period of 10%. The rising labor costs and excess capacity have pushed China to seek industrial upgrading

in its ambitious manufacturing blueprint, China has planned ten key breakthrough areas, including the new generation of information technology industry, high-end CNC machine tools and robots, aerospace equipment, marine engineering equipment and high-tech ships, advanced rail transit equipment, energy-saving and new energy vehicles, electric power equipment, agricultural machinery equipment, new materials, biomedicine and high-performance medical devices

my poison is my honey. The state that China is eager to get rid of is exactly what India is eager for. Last September, Indian Prime Minister modi announced that he would vigorously develop the manufacturing industry by attracting foreign investment and other means, and increase the proportion of manufacturing industry in GDP from the current 18% to 25% by 2022

although it overlaps with China, such as biotechnology and renewable energy, most of the 25 industries planned in India are basic manufacturing industries of textile, leather and mining

petermartin, deputy director of ANCO consulting in India, said: India has a low start in the manufacturing sector, and the country plans to undertake a large number of low skilled manufacturing industries that China will eliminate

however, the executive power of the Indian government may become the biggest hidden worry of its transformation plan. Thirty years ago, the economic level of the two countries was roughly at the same level. But last year, China's GDP exceeded $10trillion, while India barely exceeded $2trillion

Martin commented that the Chinese government has the ability to continuously publicize and implement a series of goals. However, it is indeed a big challenge for the Indian government to continue to promote the transformation policy of manufacturing industry. He believes that this mainly depends on the political differences between the two countries

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