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That’s step one. Then the other developing companies will need to climb the dependency tree to make more and more of the materials locally. It’s what India did
by soligern 3y ago
That’s step one. Then the other developing companies will need to climb the dependency tree to make more and more of the materials locally. It’s what India did with car manufacturing, eventually building the entire vehicle in country. They are now the biggest exporter of tractors in the world. Same thing with pharmaceutical manufacturing as well. The space industry was the same way with imported tech from the Soviet Union but now it’s all built indigenously along with local advancements.
- yorwba 3y agoIt seems like in 2021 Germany was the biggest exporter of Tractors in the world, with 16.2% of the total https://oec.world/en/profile/hs/tractors https://oec.world/en/profile/hs/tractors But maybe you have more up-to-date or different data showing India ahead.
- soligern 3y agoMahindra is the largest producers of tractors by volume in the world. This may be on the company level and not national level https://www.mahindrafarmequipment.com/services/tractors#:~:text=Mahindra%20Tractor%20bears%20the%20distinction,6%20continents%20under%20three%20brands https://www.mahindrafarmequipment.com/services/tractors#:~:t....