Made in Australia could be set for a comeback, if federal government promises materialise. But these localisation plans must work for the regional communities hosting new projects.
Companies around the world are rapidly reshoring factories, investing in new technologies and building their inventories – shifts that all mean higher costs for consumers.
After being a model for offshoring, the fashion industry is becoming a model for “omni-shoring”, rather than reshoring to ensure its innovative capacity.
Ten years ago, the English Potteries looked to be breathing their last. Their reinvention should bring hope to struggling manufacturing bases everywhere.