Supply Chain Networks and the Prospects of Sustainable Industrialization in Asia

Abstract

India and China are home to the world’s 2.8 billion people. Ancient nations but young republics, India and China have been through their good and bad times. There are numerous studies suggesting that the urban population, rate of growth, and population percentage residing in agglomerations all have a statistically notable and constructive effect on Human Development Index (HDI). Industrialization has historically encouraged urbanization by fostering economic expansion and job opportunities that entice people to relocate to cities. This article exclusively focuses on strategic planning regarding how to build and improve supply chain networks. It also looks at how factories built in a location increase demand for manufacturing and managerial workers personnel, resulting in a population inflow. Following the factories, other businesses such as construction makers, retailers, and service providers follow to meet the workers’ product demands. As a result, more jobs and housing demand are created, forming a city.