Ann: India Software Development Centre Established, page-106

China has shot itself in the foot. Major Companies have taken notice. There are two population superpowers on the planet: China and India.
India has untapped potential - potential that major Companies are now taking notice of. Watch what happens to India in the next 10 years in all facets of manufacturing and technology.

"Apple Inc is expected to manufacture mobile phones in India, with an incremental production value of a $29 billion in the next five years, mostly for the export market.
The move will help the company shift production from China, where around 95 per cent of its mobiles are currently manufactured, say analysts. They point out that India could constitute around 10 per cent of Apple’s global production at the end of five years because, if things go well, the production value could hit much higher."
(source https://www.rediff.com/business/report/apple-to-shift-10-of-manufacture-to-india-in-5-years/20200810.htm)

"In April, Facebook announced it was investing $5.7 billion in India. In January it was Amazon, investing $1 billion in India. Today’s it’s Google (or its parent company, Alphabet) investing $10 billion in partnerships, infrastructure, and ecosystems.Since China’s closed, the giants have to invest elsewhere, apparently."
(source https://www.forbes.com/sites/johnkoetsier/2020/07/13/chinas-closed-so-google-invests-10-billion-in-india-following-facebook-amazon-apple/#16873c562b01)