Pivoting Indian Manufacturing Policy Differently

Overview

The vision of the new government with its ëMake in Indiaí campaign is to create a manufacturing hub in the country which would, in turn, help transform the Indian economy. However, at present, there are various barriers, including inadequate infrastructure, utilities, labour laws, uncertainties associated with policies, regulations as well as corruption which makes doing business in India challenging. Thus, the manufacturing policy needs to be evaluated in light of the present challenges and available resources to enable firms to compete effectively while working with the advantages of their inherent structures.