Last week I was finishing one assignment for CMO (contract manufacturing organizations) growth opportunities in India and this was in regard to the question put by my prof regarding if you are a company who would like to outsource your manufacturing to India, make a case related to it, there were many points which were favorable for India as destination for outsourcing in term of technology, talent pool which includes reverse engineering experts. the trend which shocked me that many Indian companies are out sourcing there manufacturing to China and then later market their product in India due to cheap labor cost and rapid scale up process. Many north India and west India based companies have implemented this process for long and having an annual CAGR of more than 15%
