In the quest of "Cheaper"
It looks like the world has got frenzied about the 'customer' & the customer is believed to need everything 'cheaper' today than what is was 'yesterday'. Supply Chains of the world undergo a structural to meet the challenge of cost reduction. China being the 'Plant of the World' & India being the 'Back office of the world' made the western geographies set their supply chain nodes in these countries. These countries thrived on the export of work from the West to these countries. As inflation in these countries coupled with the infrastructure bottlenecks increase over a period of time the competitive lever of 'cost' would move to some other geographies as these countries may not be the 'least' cost provider of goods & services. Particularly in India where the policies have been such that the cost of electricity, gas or oil along-with the real estate in many parts is more than the cost in US of A. It looks appar...