The Chinese firms opening factories in India

Bright red Elmo stuffed toys are everywhere. Some are being sewn, others are having their batteries tested, and some more are being packed into neat little boxes.

The toys, based on the character from the TV show Sesame Street, are, as is often the case, being made by a Chinese firm for export to the US.

What’s unusual however, is that this factory isn’t in China, but in rural Andhra Pradesh, in southern India.

It is one of more than 100 businesses in the Sri City Industrial hub – many of them Chinese – attracted by the Make in India campaign. Read More…