Japan’s Fanuc, one of the world’s premier industrial robot makers, has surprised investors by forecasting a 24% drop in earnings for the year as it braces for the effects of the U.S.-China trade war and the already slowing in overall growth of smartphone indus
Japan robot manufacturer Fanuc, one of the largest robotic maunacturing company profit dips with US China trade wars culminates into leaders loss of business in robotic and its stocks take beating in Asian Markets.
With such beating the global growth and interconnected Chinese econonomy growth slash is imminent.
India China trade are governed in terms of market economy but Chinese has edged out with its manufacturing industries to its best in the world thus two asian nation meet with better trade ties will help Chinese growth not to fall sink steeply and help to maintain second best.
India has therefore with political stability needs to increase its manufacturing in high values sector and need continous Research and Design with innovation start happening in not only startup but in other levels of production thus skill levels of industires and workers needs scaleup.