The entire world is angry at China after the COVID pandemic, topping the list are two countries: the USA and India. America was already in bad terms with China after the US-China trade war and this pandemic only made it worse and India had enough when China attacked Indian Territory even in these tough times. Hence, it might not be a surprise if both countries join forces shortly to stand against India. A first stem on the coming revolution against China can be observed by the fact that Foxconn- The Company that makes Apple products decided to shift its operations to India.
The Taiwanese company Foxconn plans to invest $1 billion in Tamil Nadu manufacturing plant over the next 3 years. This move by the company. This strategic move is a part of the efforts of global companies to diversify their supply chains and reduce dependence on China. Apple being an American based company will certainly try to get rid of all Chinese ties as soon as possible and Foxconn sensing that saved a huge customer by planning to shift the production to one of USA’s allies. This move by Foxconn could also be motivated by the increasing tension between Taiwan and China.
Another Apple contract manufacturer Wistron is also planning massive investment to scale up production in its plant in Karnataka. These investments are only a trailer of a highly favourable movie for the country. As more and more global companies seek to avoid ties with China, the investment in countries where cheap labour and infrastructure is available will surely go up. This pandemic could be a big opportunity for India and other South Asian countries to get the most out of the clients that China has lost. Maybe boycotting Chinese products entirely, won’t just be a dream in the near future.
