2.5.6 Availability of Low-Cost Labour

Fig1: Hourly Labour Costs in the Textile Industry

(Source: Werner International: Ref 8)

Hourly Labour Cost US $ per hour

2.5.7 Competitive Edge (Ref: 2)

  • In terms of labour cost per hour , India already enjoys :
    • a significant competitive edge over developed countries like USA; UK and Italy.
    • some competitive edge over newly-industrialised economies like Hong Kong; Taiwan, Mexico, Southern Europe and coastal China.
    • and relatively no competitive edge over mainland China, Pakistan and Bangladesh.