top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration

Facebook Login
Site Registration

What is global value chain and the slicing up of global value chain?

+1 vote
What is global value chain and the slicing up of global value chain?
posted Aug 24, 2017 by Sagar Sharma

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

What is slicing up of global value chain?

A closely related concept is slicing up of global value chain. It refers to the allocation of components production among different countries. Here, low cost or specialized production advantages tempts a finished product producing firm to source a particular component from a specific country. Thus he effectively slices up the value chain of his product among different countries hen he is sourcing the components.

Why slicing up of global value chain is important from a country’s perspective?

The trend of companies sourcing components from different countries need macroeconomic care from developing countries like India. We have to encourage superior component manufacturing practices. Similarly, policies to be tailored to ensure that the country should get a good slice of this global value chain. Encouragement to local component manufacturers will help them to acquire skill, technology and scale to supply the components competitively in the global market.

answer Aug 29, 2017 by Mukul Chag
Contact Us
+91 9880187415
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Karnataka INDIA.