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According to the PricewaterhouseCoopers 14th Annual Global CEO Survey, which covered 1,201 chief executives in 69 countries, India remains a key area of importance.
So, let's see how global CEOs rank China, the United States, India, Germany and Brazil.
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Sourcing: Thirty-seven per cent of the CEOs say they plan to shift their sourcing to China.
Cost: For 63 per cent cost is the biggest factor.
Quality: For 6 per cent quality is the prime reason.
Innovation: For 3 per cent innovation is the driving force.
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Sourcing: Twenty-two per cent of the CEOs say they plan to shift their sourcing to the United States.
Cost: For 15 per cent cost is the biggest factor.
Quality: For 18 per cent quality is the main reason.
Innovation: For 10 per cent innovation is the attraction.
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Sourcing: Fifteen per cent of the CEOs say they plan to shift their sourcing to India.
Cost: For 55 per cent cost is the biggest factor.
Quality: For 6 per cent quality is the main reason.
Innovation: For 7 per cent innovation is the attraction.
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Sourcing: Fourteen per cent of the CEOs say they plan to shift their sourcing to Germany.
Cost: For 13 per cent cost is the biggest factor.
Quality: For 35 per cent quality is the main reason.
Innovation: For 13 per cent innovation is the attraction.
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Brazil
Sourcing: Eleven per cent of the CEOs say they plan to shift their sourcing to Brazil.
Cost: For 31 per cent cost is the biggest factor.
Quality: For 11 per cent quality is the main reason.
Innovation: For 4 per cent innovation is the attraction.