4. China
China has always had two things working in its favor – skilled and affordable labor, and space to expand manufacturing. In the last few decades, China has become the most preferred for companies when it comes to setting up manufacturing plants. The government gives companies tax breaks, and the companies in turn get cheap labor.
From the top tech companies like Apple and Google to clothing companies like Adidas, Zara, and Forever 21, all of them have manufacturing plants in China. So whether it’s your brand new iPhone or Adidas sneakers, chances are, they are all made in China.
3. India
India got its independence from the British Empire in 1947, and in just over 75 years, the country has become the world’s most premier location for outsourcing work, whether it’s accounting, customer service, or information technology.
With the second largest population in the world, 60% of India’s population is within the age group of 16-24. That means the country is filled with skilled young professionals.
With another Silicon Valley cropping up in the city of Bangalore, more and more companies are investing in India including Facebook, Microsoft, and Apple, which recently set up its first manufacturing unit here. Over the last decade, the country has also become a leader in business solutions, e-commerce, and mobile apps.
2. Japan
If there was one country that was the most severely hit by the Second World War, then it was Japan. The government had to literally pick up the broken pieces and plan out for a future where the country would never be in turmoil again.
Now, when we talk about Japan, we don’t talk about how a nuclear bomb destroyed the country. Instead, we talk about how the country is the birthplace of companies like Canon, Sony, Toyota, Mitsubishi, and Nintendo. We talk about the bullet trains, vast and complicated bridges, and their robotic technology.
Not to mention, Japan also gave the world talking smart toilets and instant noodles.
1. USA
Just like England benefitted a lot by being a part of the Allied Forces during the Second World War, the USA did too. GPS was first invented in America for fighter jets, and now we use it to find the nearby McDonald’s.
And of course, the country is famous for its Silicon Valley, which did not just inspire a whole generation of software engineers, but also a very funny show on HBO.
Silicon Valley houses some of the biggest tech companies in the world including Google, Facebook, Apple, Intel, IBM, Microsoft, and Uber. And there are more startups launching in the Valley every day.