Petras Gražulis· ESN

Nuanced

Workforce in India is at least five times cheaper than in Europe

Omissions

• The claim does not specify the exact metric used (hourly wages, total labor costs, or specific sectors)
• Data from India is from 2022 (Reshoring Institute) while EU data is from 2024, creating a temporal mismatch
• The comparison varies significantly depending on which EU country is used - Bulgaria has hourly costs of €11 while Denmark has €55
• The claim does not cite any specific source for the 'five times' figure

Sources

• PrimaryEurostat - EU hourly labour costs 2024EU average hourly labour costs: €33.5 in 2024; Range: €11 (Bulgaria) to €55 (Denmark)
• PrimaryEurostat - Hourly labour costs Statistics ExplainedEU average hourly labour costs in 2024: €33.5 (EU) and €37.3 (euro area)
• SecondaryReshoring Institute - Global Labor Rate ComparisonsIndia manufacturing wages: $1-3/hour compared to $29-80/hour in the US