The ‘Make in India’ movement is not just making its move towards the summit, but also its bringing the manufacturing market of China down to the bottom. The IT giant of China “Huawei” has tightened its belt to move towards the ‘Make in India’ movement. The company has now planned to set up its manufacturing unit in India. This news has created a big devastation in China’s market. The matter has gone so far that even the local media papers and channels are printing saying that the Chinese dragon should worry and win a way back.
The increasing rivalry among the two countries has resulted in India’s side as the major job cut-out in the city of Beijing has stressed the economy of China. And now, the shifting of manufacturing units in India has made it more troublesome for them.
"As Chinese manufacturers show an increasing interest in setting up assembly lines in India, the economic competition between the two countries is likely to enter a new stage as India and China vie to expand their industry chains," the article said.
This step should be judged by the Chinese government rationally to prevent this shift into the Indian market.
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