Bill Gate's company LinkedIn ran away from China |Elon Musk can also set up a factory Tesla in India
  • 2 years ago
Bill Gate's company LinkedIn ran away from China |Elon Musk can also set up a factory Tesla in India

Microsoft's LinkedIn has decided to shut down its business in China. Earlier, companies like Apple, Samsung have closed plants in China. India is also benefiting from this.

Due to increasing government restrictions and other problems in China, many global companies (Global Companies Exiting China) are closing their business. Now the name of LinkedIn (LinkedIn), the company of Bill Gates, one of the world's richest people, has also been added to this link. India seems to be benefiting from this. Many companies originating from China are setting up plants in India. In the coming time, Elon Musk's company Tesla can also set up a plant in India.

LinkedIn took the decision due to restrictions

Mohk Shroff, senior vice president of Microsoft's job search unit LinkedIn, informed about the company's decision in a recent blog. He pointed out that his company is facing a more challenging operating environment in China. Strict compliance has also been brought in compliance with the rules. Due to this, LinkedIn has decided to stop the service in China.

This service will replace LinkedIn in China

However, Microsoft is now going to start a separate service for China called InJobs. It will be quite different from LinkedIn. It will not have the facility of social feed. Users will not be able to share or post any article on this platform.

Companies like Apple, Samsung have also closed plants in China

Earlier recently, Harvard University removed the Chinese language program from China. This program of the university will now run from Taiwan. The university had said that the increasing tension in relations between China and the US is one of the main reasons for this decision. During the last one to one and a half years, many multinational companies have closed business in China or are preparing to shut down plants. These include Nike (NIKE), Apple (Apple), Samsung (Samsung), LG (Adidas), Puma (Puma), Zoom (Zoom), Sharp (Sharp), Hasbro (Hasbro), Kia Motors (Kia Motors), Hyundai Motor, Hyundai Mobis, Stanley Black & Decker, Dell, HP, Google, GoPro, Intel ( Big names like Intel), Sony.

India, Taiwan, Vietnam are benefiting

Countries like Taiwan and Vietnam, including India, have benefited from the exit of these companies from China. Most of the companies are shifting the business of China to these three countries. Apple and Samsung have set up factories in India. Kia Motors has also set up a factory in India. To attract these companies, several incentives are being offered by the Government of India, including tax exemptions.

Elon Musk can also set up a factory in India

Many other big names can set up factories in India in the coming time. Elon Musk's electric car company Tesla is preparing to start business in India. Road Transport Minister Nitin Gadkari recently clarified that Tesla cannot be allowed to sell Made in China cars in India. He said that Tesla