Spinning Enterprises To Invest In India Profits Higher Than The Domestic 20%-30%

It is reported that, in the bay of Bengal, India, the city of viadca in the Andhra Pradesh city (hereinafter referred to as "Wei Sha") is similar to many port cities. It has convenient marine pportation and is the largest iron ore output port in India. At present, the local government is actively responding to the national strategy and actively attracting foreign investment.

The Brandi J clothing city located in Wei Sha is a large one.

The bonded industrial park not only brings together the international secret brands such as the "secret of Vitoria", but also attracts textile manufacturers from Xiamen, Fujian, China.

Regarding the reason of putting the first factory in India to Wei Sha, Yao Ming, chairman of Xiamen Yao Ming ribbon Co., recently told the media that the main business of its India factory is the need for a large number of manual manufacturing labor-intensive processing lines. The wages of front-line workers in the Xiamen ribbon weaving enterprises are now around 3500 yuan / month, while the wages of similar workers in Southeast Asia are about 1500 yuan / month, while in a large population of India, the wages of workers are about 1/3 in China, and there is no need to worry about the shortage of labor.

The production of Yao Ming's India factory has attracted the attention of the local authorities. The local media in Wei Sha also made a long report on the matter.

Yao Ming told reporters that the company's India plant has started production this year. In the case of the company's export business declining this year, the India factory has saved a lot of labor costs and has become a highlight of this year's business. Now it is considering further developing the domestic demand market in India, and selling the products directly after processing locally.

For Chinese enterprises to invest in India, they may encounter some obstacles in government affairs.

There are bureaucracy in some areas of India. Some local officials are inefficient when dealing with some normal daily work, and there are also corruption problems in some places.

In terms of return on investment, different

There will be some differences.

For example, the return rate of some projects in the Internet industry can reach one thousand percent. Compared to the traditional manufacturing industry, India is comparable to the domestic market decades ago. Many products are still sellers' markets, including building materials,

There is plenty of room for all kinds of industries.

As an upstream matching enterprise of textile industry, although Yao Ming also has the pricing power in the domestic company, because of fierce competition, the profit is not high. Although the company has not yet fully entered the India market, its profit is 20%~30% higher than that of the domestic market.