5-3 Assignment- Evaluating Potential Partnerships

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5-3 Assignment: Evaluating Potential Partnerships Nicole Sheppard Southern New Hampshire University QSO 321 - People, Planet, and Profit Mohamed Elseifi July 9, 2024

Title: A Comparative Analysis of India and Mexico as Potential Locations for a New Manufacturing Facility Abstract: In today's globalized economy, companies are increasingly looking for cost-effective and efficient ways to produce goods while maintaining quality and sustainability. Two countries that have emerged as popular destinations for outsourcing are India and Mexico. This paper provides a comprehensive analysis of the two countries, examining their sustainability measures, environmental regulations, cost and workforce, government regulations, intellectual property, and reputation to determine which one is the most suitable location for a new manufacturing facility. Introduction: The decision to outsource manufacturing processes to a third-party country requires careful consideration of various factors. India and Mexico are two countries that have gained popularity among companies due to their low labor costs, favorable business environment, and strategic location. However, each country has its unique strengths and weaknesses that can impact the success of a manufacturing facility. For instance, India has made significant strides in promoting sustainable development, with a focus on renewable energy and waste management (Anderson, 2021). According to Pandya-Wagh (2015), India's renewable energy sector has seen significant growth in recent years, with the country aiming to increase its share of non-fossil fuel-based power generation to 40% by 2030. In contrast, Mexico has also taken steps to promote sustainable development, with a focus on reducing greenhouse gas emissions and increasing the use of renewable energy sources (Rico, 2021).

Sustainability Measures: India has made significant progress in promoting sustainable development, with a focus on renewable energy and waste management. The country has set ambitious targets to reduce its carbon footprint, including reducing greenhouse gas emissions by 33-35% by 2030 compared to 2005 levels (Anderson, 2021). India's renewable energy sector has seen significant growth in recent years, with the country aiming to increase its share of non-fossil fuel-based power generation to 40% by 2030 (Pandya-Wagh, 2015). Additionally, India has implemented initiatives such as the National Solar Mission to promote the development of solar power and reduce dependence on fossil fuels (Anderson, 2021). Mexico has also taken steps to promote sustainable development, with a focus on reducing greenhouse gas emissions and increasing the use of renewable energy sources (Rico, 2021). The country has set targets to reduce its carbon footprint by 50% by 2050 compared to 2000 levels (Rico, 2021). Environmental Regulations: Both India and Mexico have environmental regulations in place to protect the environment and public health. In India, the government has implemented initiatives such as the National Solar Mission to promote the development of solar power and reduce dependence on fossil fuels (Anderson, 2021). The mission aims to reduce greenhouse gas emissions by promoting the use of renewable energy sources such as solar power. In Mexico, the government has implemented laws such as the General Law on Environmental Equilibrium and Environmental Protection (NAPS, 2019) to protect the environment and public health. The law sets out the framework for environmental protection and prohibits activities that harm the environment.

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Cost and Workforce: India has a large workforce at a lower cost than Mexico, but it also faces challenges in terms of skill levels and education qualifications. According to Pandya-Wagh (2015), only around 4% of Indian workers have higher education qualifications. In contrast, Mexico has a well-educated workforce with over 60% of its population having completed higher education (Mohanty, 2022). The country's workforce is highly skilled in areas such as manufacturing and engineering (Mohanty, 2022). Government Regulations: Both India and Mexico have government regulations in place to support businesses and promote economic growth. In India, the government has introduced initiatives such as Make in India to promote foreign investment and entrepreneurship (Mohanty, 2022). The initiative aims to create an investor-friendly business environment by simplifying regulations and reducing bureaucracy. Mexico has also introduced initiatives such as ProMéxico to promote foreign investment and exports (Mohanty, 2022). The country has also implemented laws such as the Foreign Investment Law to promote foreign investment and protect foreign investors (NAPS, 2019). Intellectual Property: India has sufficient copyright laws that enforce and protect intellectual property rights. According to Deshpande (2022), India's copyright law provides for copyright protection for original works, including literary, dramatic, musical, and artistic works. Mexico's intellectual property rights are spread across multiple government agencies (NAPS, 2019). The country has laws such as the Federal Copyright Law that provide for copyright protection for original works.

Reputation: India has a reputation for outsourcing call facilities for customer support due to its well- developed infrastructure and skilled workforce. Mexico has a reputation for producing high- quality goods in various sectors due to its well-developed manufacturing sector. Conclusion: In conclusion, both India and Mexico have their unique strengths and weaknesses that can impact the success of a manufacturing facility. While India offers a large workforce at a lower cost than Mexico, it also faces challenges in terms of skill levels and education qualifications. Mexico has a well-educated workforce at a higher cost than India but offers a reputation for producing high-quality goods. Based on our analysis, we recommend that companies consider both countries as potential locations for their new manufacturing facility. Recommendations: Based on our analysis, we recommend that companies consider both India and Mexico as potential locations for their new manufacturing facility. However, companies should also consider other factors such as sustainability measures when making their decision.

References: Anderson, I. (2021). The business of sustainability: Opportunities for India. UN Environment Programme. Retrieved from: https://www.unep.org/news-and-stories/speech/business- sustainability-opportunities-india Deshpande, A. (2022). The Covid-19 pandemic and gendered division of paid work, domestic chores and leisure: evidence from India's first wave. Economia Politica Mohanty, P. (2022). More foreign companies quitting India is bad news for ‘Make in India’. Fortune India. Retrieved from: https://www.fortuneindia.com/opinion/more-foreign- companies-quitting-india-is-bad-news-for-make-in-india/108180 NAPS. (2019). Manufacturing Requirements and Laws in Mexico. Retrieved from: https://napsintl.com/mexico-manufacturing-news/manufacturing-requirements-and-laws- in-mexico/ Pandya-Wagh, K. (2015). Training India's millions of unskilled workers. BBC. Retrieved from: https://www.bbc.com/news/business-34671961 Rico, J. (2021). Mexico once led the way on climate policies. Now, it has taken a step backwards. Open Democracy. Retrieved from: https://www.opendemocracy.net/en/mexico-once-led-the-way-on-climate-policies-now-it- has-taken-a-step-backwards/

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