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Why does hardware manufacturing remaining insignificant in the world's fourth largest manufacturing economy? Comments Manoj Chhura, country manager-manufacturing, IBM India, " The manufacture of if related components and finished goods is a critical element in the overall economic growth strategies of many newly industrialized or industrializing nations, including China...
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Exports of electronic equipment and components represent 47 percent of the GDP of Singapore and 65 percent of Malaysia's. Thailand and Korea too have similar ratios. All these nations have had fast GDP growth during the last decade and manufacture of IT played a big part in that growth. India seems to have neglected hardware manufacturing and the result is that it has only a microscopic presence in the global IT manufacturing industry...
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