India – What hinders its development?
Some thoughts on the interesting book “In Spite of the Gods – The Strange Rise of Modern India” by Edward Luce, the former Financial Times’ Washington Bureau Chief. He was the FTs’ South Asia Bureau Chief based in New Delhi. While his conclusion is that India will become an economic super power, its many negatives will delay its development. Some of the negatives: • Its massively ineffective and corrupt “quasi-socialist”... Read More
China’s Achilles’ heel – Obstacles to Low Cost
Several issues negative to China as a solid, long-term base for low-cost manufacturing are becoming apparent: Efficiency & Productivity: A company I’m working on is in the process of acquiring a China based digital electronics manufacturing company. In the search for an acquisition candidate, I visited twenty-four manufacturing companies. A large number of them were located in newly constructed 5 and 6 story manufacturing buildings. But... Read More