Foxconn in India is accused of low monthly salary. When will "Made in India" catch up with "Made in China"?

As we all know, India is a populous country in Asia. Due to the shortage of labor, many overseas investors are attracted to this area to set up factories. For example, in the middle of this month, Apple, a smartphone manufacturer, invested $654.38 billion in India through its foundry Foxconn to expand mobile phone production.

In fact, Foxconn opened its first factory in India as early as four years ago. However, according to media reports on September 27th, Foxconn's factory in India has been exposed. The monthly salary of employees is about 9000 rupees (about 926 yuan), but this is only the average salary of factories in China. One third.

It is worth mentioning that in addition to being accused of low monthly salary, Foxconn also suffered a large-scale employee strike in India. According to the previous factory planning of Foxconn in India, Foxconn plans to invest 5 billion US dollars to build a factory in India and recruit 65.438 million employees. So not only did they fail to recruit employees, but many Indian workers also went on strike because of frequent overtime and dissatisfaction with managers. This makes Foxconn's investment and production plan in India very unsatisfactory.

Although India has always wanted to promote the label "Made in India" to the world market, there may be some shortcomings in the current production capacity. At present, Foxconn still needs to import parts from China for Indian production. In addition, although the wage cost paid to workers has been reduced by more than half, Foxconn still faces the risk of low production conditions, workers' complaints and strikes leading to inefficiency in India.

In contrast, China, as the largest smartphone market in the world, not only has strong demand, but also has a complete industrial chain. This is also the main reason why the government has repeatedly decided to bet on Vietnam and China, but it still can't afford to produce in China. From the obstacles encountered by Foxconn in India, we can see that India's manufacturing industry still has a long way to go.