In the latest episode of CNBC Tech’s “Beyond the Valley” podcast Tom Chitty and Arjun Kharpal discuss whether India can challenge China as…
In the latest episode of CNBC Tech's "Beyond the Valley" podcast — which you can listen to above — Tom Chitty and Arjun Kharpal discuss whether India can challenge China as Asia's tech powerhouse.
India has sought to woo foreign tech companies and has been successful with giants like Apple increasing their presence in the country. Meanwhile, foreign firms are looking to diversify away from China as tensions between Washington and Beijing increase.. It is where most of the world's iPhones and other electronics products are produced. And it is now a serious player in electric vehicles.Sign up for NBC Philadelphia newsletters.India is looking to boost areas such as high-tech electronics and semiconductor manufacturing, as well as support its burgeoning yet challenged startup scene.
At the same time, foreign firms are looking to diversify away from China amid increasing tensions between Washington and Beijing. Tough Covid-19 restrictions enacted by the Chinese government, whichIndia could stand to benefit. What was once a market that foreign firms perceived as having too much red tape and too many business hurdles is now becoming a viable alternative to China. But it will take a lot of effort for India to wrest China's tech title.
In the latest episode of CNBC Tech's "Beyond the Valley" podcast — which you can listen to above — Tom Chitty and I discuss whether India can challenge China as Asia's tech powerhouse, and what the country's advantages and disadvantages are.Here is a transcript of the episode of"Beyond the Valley" released on Apr. 3, 2024. It has been edited for clarity.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippines Poised To Be Asia’s Second-largest Casino Hub In AsiaPhilippines readies itself to become Asia's second largest casino hub after it set a record revenue 285 billion pesos last year.
Read more »
GGV Capital Asia Rebrands As Granite Asia After U.S. SplitBased in Singapore, I am a senior reporter for Forbes Asia, covering billionaires, entrepreneurs, wealth and deals across Asia. Prior to joining Forbes, I worked for several media organizations in the past two decades, including Bloomberg and Thomson Reuters.
Read more »
Asia markets set for mixed open as Wall Street rally falters; India wholesale inflation on deckThursday will see investors assess India’s wholesale inflation, while also keeping an eye on any news coming out of Japan’s spring wage…
Read more »
Asia markets range-bound as Wall Street rally falters; India wholesale inflation on deckThursday will see investors assess India’s wholesale inflation, while also keeping an eye on any news coming out of Japan’s spring wage…
Read more »
Asia markets mixed with focus on South Korea inflation print, factory data from Australia and IndiaSouth Korea’s March inflation rate came in line with expectations at 3.1%, while Australia’s factory activity posted its fastest contraction since…
Read more »
L Catterton Asia expands into India through strategic partnershipForging a joint venture, the LVMH-backed private equity firm is looking to the rising nation as a source for financial growth.
Read more »