Srinivas_K
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India to be world's factory hub, says Samsung's president & CEO BD Park
NEW DELHI: South Korean giant Samsung, among the top multinational companies with major manufacturing operations in India, says the country is set to become the next global factory as China loses its competitive edge, given the available talent and need for job creation in Asia's third-largest economy. "China is losing the competitiveness very rapidly today," BD Park, Samsung's president and CEO for South West Asia, told ET.
"Labour costs are rising and as they become richer, their cur ..
Read more at:
India to be world’s factory hub, says Samsung's president & CEO BD Park - The Economic Times
NEW DELHI: South Korean giant Samsung, among the top multinational companies with major manufacturing operations in India, says the country is set to become the next global factory as China loses its competitive edge, given the available talent and need for job creation in Asia's third-largest economy. "China is losing the competitiveness very rapidly today," BD Park, Samsung's president and CEO for South West Asia, told ET.
"Labour costs are rising and as they become richer, their cur ..
Read more at:
India to be world’s factory hub, says Samsung's president & CEO BD Park - The Economic Times
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