Analysis of India's Prospects in Undertaking Industry Relocation Amidst the Restructuring of Global Value Chains
Under the influence of various factors such as politics,economics,and technology,global value chains are undergoing profound adjustments.Western coun-tries and India itself are actively enacting a series of industrial policies aimed at positioning India as a focal point for the new phase of international industry reloca-tion.This paper constructs a quantitative assessment framework to gauge a country/region's potential as a recipient of international industry relocation,and conducts a case study of India.Overall,the Modi government's realization of"Made in India"to replace"Made in China"can be described as a long and difficult road.We iden-tified six sectors where India has potential advantages,including food,beverage and tobacco manufacturing;base metals;paper products and printing;other non-metallic mineral products;other transportation equipment;and computer,electronic and opti-cal equipment.Among these,the food,beverage,and tobacco manufacturing,paper products and printing,and other non-metallic mineral products industries may be the first to undertake China's external industrial transfer.Vietnam,Thailand,and Bulgaria are competitive with India in the food,beverage,and tobacco manufactur-ing industry;Vietnam and Malaysia in paper products and printing;and Vietnam,Malaysia,Thailand,and Bulgaria in other non-metallic mineral products.
international industry relocationmanufacturing industryIndiainput-output analysiscountermeasures
NETL
NSTL
万方数据
