This category features blog posts about overseas manufacturing.

Forecasting the Future of Contract Manufacturing in Asia: Insights for 2024

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The contract manufacturing landscape in Asia has been evolving rapidly, driven by a confluence of factors such as technological advancements, shifting geopolitical dynamics, and changing consumer preferences. In 2024, the region will continue to be a powerhouse for contract manufacturing, with countries like China, Vietnam, and others playing pivotal roles in global supply chains. This article explores the forecast for contract manufacturing in these key Asian countries and provides insights into the trends shaping the industry.

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China and Southeast Asia’s Contract Manufacturing Capabilities: A Comparative Overview

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Contract manufacturing has become an essential aspect of global supply chains, enabling companies to outsource their production processes and capitalize on cost-effectiveness and operational efficiencies. China and Southeast Asia have emerged as key players in the contract manufacturing landscape, offering diverse capabilities and advantages to businesses worldwide. In this article, we will explore and compare the contract manufacturing capabilities of China and various Southeast Asian countries, shedding light on their respective strengths, challenges, and industry trends.

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E-BI Specialty Manufacturing Solutions in Vietnam

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To help our clients embrace new manufacturing resources, E-BI Vietnam’s specialty manufacturing endeavor debuted about 5 years ago. Working through three years shrouded by the pandemic, Vietnam’s manufacturing facilities and capabilities have developed at an astonishing speed thanks to many fearless pros worldwide. Numerous Industrial parks and even city zones have developed north of Hanoi and Ho Chi Minh cities. Among them, new manufacturing and process capabilities are developed. E-BI Vietnam’s team is growing and implementing more and more rapid specialty manufacturing jobs in this vibrating land.

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What You Need to Know About the Manufacturing Status of SE Asia During the Pandemic

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Southeast Asia manufacturing countries were both some of the earliest countries affected by COVID-19 and the quickest to return to pre-virus capacity and resume economic growth. While factories are up and running, there remain challenges facing businesses. Travel is still very difficult with a mandatory 14 day observation of hotel isolation, which make short term business visits unlikely.

The impact of COVID-19 in Southeast Asia was first seen in late January to early February, as the outbreak was growing in China. Every aspect of the economy and daily life was impacted, with manufacturing and industrial supply chains being disproportionately disrupted. Prior to COVID-19, Southeast Asia was experiencing unprecedented growth fueled by the growing tensions from US-Sino relations, but the growing fears of a pandemic quickly quelled all future economic prospects with threats of an economic shut down or stoppage in the global supply chain.

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Hyderabad, India

The Growth of Manufacturing in India

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Not long ago, India’s manufacturing industry was underwhelming. The country’s place in the global economy was more set in digital tech and services than material productions. During that space of time, when executives thought about global manufacturing, China was the first location to come to mind. But with recent initiatives, India has started to attract more attention and manufacturing has emerged as one of the high growth sectors there. The country has begun to evolve from industrialization to global competitiveness.

India only contributes around 3 percent of the world’s manufacturing output, around one tenth of what China does, but it has a lot of untapped potential. With a GDP of $2.972 trillion (2019 est.), in which only about 17% comes from manufacturing, there is a lot of room for growth in India. To put this in perspective, manufacturing accounts for 29% of China’s economic output. Continue reading “The Growth of Manufacturing in India” →