Kwatra: High labor costs make garment manufacturing infeasible in China today
Rashmi Kwatra · Rashmi Kwatra – Sixteenth Street Capital (Manager Meetings, EP.17) · Oct 28, 2021 · at 53:03
Rashmi Kwatra of Sixteenth Street Capital discusses why multinational supply chains and low-cost manufacturing are migrating out of China into South and Southeast Asia.
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“It's firstly not even feasible today, for example, to make a t-shirt in China. The labor costs are just too high, but it is feasible to create a factory for garments or for washing machines in Bangladesh, in India, in Vietnam.”
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