Manufacturing wages in India have eclipsed those of China for the first time, according to IHS Global Insight’s latest “Global Manufacturing Compensation” study. Total labor costs, including benefits, in India’s manufacturing sector average $2.68 per hour. That compares with the $2.51 Chinese workers earn, the survey notes. Rapid inflation is the primary cause of the increase in Indian labor costs, which are up nearly 20% year-over year, Katherine Lewis, a co-author of the study, tells ...

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