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Indian Manufacturing Reports: India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks.

India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks.

Productive as they were in 1993, 20 million people would be employed that are not employed right now. that's the real challenge, isn't it? >> yeah. it's true that we're in an age where machines build other machines. but they do need some people to run them. they are going to have to be skilled people. in this bcg study i was citing, they talk about if this reshoring of manufacturing happen, it's 1 million manufacturing jobs, they figure. but then there's a spinoff, because other people provide services for new people who work in the town or the factory. so the total impact is 2 million to 3 mi...