BENGALURU: India may not see high-tech manufacturing move from China as a fallout of the US-China trade spat as the country lacks an ecosystem of suppliers, the top executive of US data infrastructure and semiconductor company Western Digital has told ET. But the country will continue to be a hub for designing cutting edge products with local IP as companies tap its talent for their global business, said Stephen Milligan, CEO at Western Digital. Western Digital is expanding in India, investing $200 million a year, to create a talent pool that designs products for the global market. The company got a presence in India with its acquisition of Sandisk in 2015. “It wouldn’t be just us, you also have suppliers and that sort of thing. So, it will take in my view… multiple years to get a viable IT supply chain built up in India where it kind of makes sense,” said Milligan. He added that it took many years to build a strong supply chain ecosystem for a company like WD in countries such as the Philippines, Malaysia, China, Thailand. India should leverage its higher skilled workers to chart its own course than compete with China, considering that it… Read full this story
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