मौका! मौका!
Why is the Indian manufacturing industry sleeping? What is MeitY doing?
In all fairness, the government did announce 100% FDI in contract manufacturing without prior approval. Not sure if that is a good thing for Indian companies or workers. But it will definitely interest those contract firms fleeing China. Since India is also a big domestic market (compared to Vietnam etc) it makes complete sense to assemble electronics here.
But can we up our game and move from mere assembly to higher value addition? Can more bits of the supply chain move here? Touchscreens? Panels? PCBA?
Why is the Indian manufacturing industry sleeping? What is MeitY doing?
In all fairness, the government did announce 100% FDI in contract manufacturing without prior approval. Not sure if that is a good thing for Indian companies or workers. But it will definitely interest those contract firms fleeing China. Since India is also a big domestic market (compared to Vietnam etc) it makes complete sense to assemble electronics here.
But can we up our game and move from mere assembly to higher value addition? Can more bits of the supply chain move here? Touchscreens? Panels? PCBA?