Why Tech manufacturers turn towards China and India for manufacturing Tech devices ?

You may have seen a lot of Tech manufacturers are either from China or manufacture their devices in China. You may have seen Tech Giants like Apple which write on their box as manufactured in china and Designed by apple in California . Let's Understand why ?

To make a device you require things as Labour , production unit, assembly unit and disposal unit when you try to set up all these in a developed nation like United states and United Kingdom . You will be bombed up with variety of taxes for setting up production and assembly unit alone. If you want a hire labor for it then according to labor laws , you must provide your labor specific wages , US and UK have minimum wages fixed for their particular work hours and also a person has to work specific hours a day and minimum wages to рау Then Comes after assembly the last part that is disposal of

e-waste that is biggest task for a company as they have to meet a particular standards in dumping the waste otherwise end up violating the laws .

In countries like china, India and other developing countries one can set up production and assembly unit easily. Government of these Countries supports you by allocating the site for the factory . Government waives off all the Tax incomes for you. You can get Laborers easily for working you for minimum wages. as unemployment is sky high in these countries . No minimum requirement of working hours. labor work with extended work hours and the companies provide promotions for employees working more in the factories. No securities to the employees working there like Health Insurance and others

what do these countries get in return ? These companies in return provide employment and boost the economy of the country.

No worries of e-waste disposal as this e-waste is sent directly into the black markets where they repair them and sell it for cheaper prices in the markets

By setting up plant in developed countries yield less profit made by assembling and importing them back in the country they earn more profits. So ,They escape their own country. and target developing countries. One of the other prominent reasons is 60% of the device market for this Tech Giants is markets is India and China and manufacturing and selling there too company earns its bit of profit.

This is the reason why tech manufacturers turn towards developing countries for manufacturing.