AO

Aakash Om TrivediAIR 73· 2024

Question 16GS3GS1

Why is there a shift of labour-intensive industries from China to South and Southeast Asia? Discuss the advantages and challenges for India in this context. (Answer in 250 words)

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Main Body

Rise of Vietnam, Cambodia due to shift from china is highlighted by IMF report as china share of manufacturing stagnant to CAGR.

Shift from china to south-east Asia:

Push factors:

1Rise in labour cost in china due to high per-capita income & labour regulation
2Zero + CAFTA policy: push counties to do-risk supply chain
3China's USA: trade war call for China + 1
4PPCs crackdown on IPR, technology seen as treat by luxury brands) Good to comprehend
5Aging: china population due to one-child policy: low youth supply

Pull factory:

1High attractive policy for business
Tax incentive → lags (South-east countries)
2Case of Doing Business in countries
Vietnam (Plug and Play model)
3Low-labor-cost, land-cost compact to china
4Potential nation to overcome countries
5FTAs with ASEAN by IPEF lead to low cost for companies

India: advantages:

1Friendshoring: can attract industry to India
Apple iPhone
2MASSIVE CUES (Critical value chain) - Integration of china density on democratic attack
3Leverage Demographic Dividend in labor intensive as) Joy Industry

Pull factory:

1High attractive policy for business
Tax incentive → lags (South-east countries)
2Case of Doing Business in countries
Vietnam (Plug and Play model)
3Low-labor-cost, land-cost compact to china
4Potential nation to overcome countries
5FTAs with ASEAN by IPEF lead to low cost for companies

India: advantages:

1Friendshoring: can attract industry to India
Apple iPhone
2Massive CUES (Custodial value chain) - Integration of china density on democratic attack
3Leverage Demographic Dividend in labor intensive as) Joy Industry
4Reduce china dumping and low cost pressure for msmE

India: disadvantage

1Shift to Vietnam: not India due to structured issue (a) labour reform
2Compete with south-east countries: incentive → tax cuts challenging
3Labor-cost: higher compared to Laos, ASEAN a) minimize max
4Lack of uniform policy unlike communist regime in Vietnam
5PLZ to attract wall leverage
Structural reform: implement labour codes and basic
Skilled: support to msmE
Thus leverage shift is key for Vietnam vs India (s) share of manufacturing in OPEC
4Reduce china dumping and low cost pressure for msmE

India: disadvantages:

1Shift to Vietnam: not India due to structured issue (a) labour reform
2Compete with south-east countries: incentive → tax cuts challenging
3Labor-cost: higher compared to Laos, ASEAN a) minimize max
4Lack of uniform policy unlike communist regime in Vietnam
5PLZ to attract

Wall leverage

Structural reform: implement labour codes and basic

Skilled: support to msmE

Thus leverage shift is key for Vietnam vs India (s) share of manufacturing in OPEC

445 words8 paragraphs9 bullet points
  • Cites IMF report for credibility
  • Identifies both push and pull factors clearly
  • Mentions specific examples (Vietnam, Cambodia, Apple)
  • References India's demographic dividend
  • Includes policy frameworks (IPEF, CAFTA)
  • Clearly presents India's disadvantages
  • Mentions structural reforms needed
  • Compares India with Vietnam
  • Provides concrete policy recommendations (labour codes, MSME support)
  • Identifies specific structural barriers
  • Recommendations for labour codes
  • Comparative analysis with Vietnam

Topper

Aakash Om Trivedi

AIR 732024

Subject & Paper

GS3GS1

Topic

Global Economics and Trade

Shift of Manufacturing Base from China to Asia

India's Position in Global Supply Chain

Writing Stats

445

Total words

8

Paragraphs

9

Bullets