India Gains due to China’s Piracy Tag
China is famous for piracy, whether it is to do with films, music, or technology. The piracy-den tag has robbed china of becoming a major hub for the expensive cars in the world. If you look at the number of research labs and production facilities coming to India, even though China offers better infrastructure and cheaper labour, you can’t help but wonder why?
Mercedes, BMW, Audi, and even Ferrari have set up their bases in India for fear that their technological wonders may no longer remain unique if their ideas and technical innovations are exposed to the Chinese market to be forged, duplicated, and sold as good imitations at much cheaper rates. More car manufacturers like Volvo and Volkswagen are also setting up their facilities here. After all, car manufacturers have to not only pay attention to profit and sales, but also to technological innovations that will help them grow better and faster than their competitors!
Labels: Auto market competition, BMW, Mercedes-Benz, Piracy in Chaina's auto industry
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