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Vietnam and India: The Next Hubs for Manufacturing in Asia

September 12th, 2017

 

Amidst China’s transition into a high-skilled manufacturing hub, Vietnam and India are attracting numerous businesses that are seeking to shift their low to medium skilled manufacturing plants to neighboring nations, offering lower cost of labour. The governments of both these nations are making strides to enhance investment sentiments. However, challenges like shortage of skilled labour, low productivity, high corruption and large infrastructure deficit to need to be addressed to cement their position as a chief manufacturing hub in the region.

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Roshni Wani Thapa

Roshni Wani Thapa isan Economies and Consumer Analyst at Euromonitor International. She focuses on critically evaluating economy, finance and trade environment in various countries; She provides detailed insights on the economic health of a country by analysing monetary indicators, imports/exports, investments as well as government finances. She has specialised in Economics and her passion for the subject enables her to provide unique actionable insights.

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