Summary of CNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?
Summary of CNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?
India's manufacturing sector has undergone significant transformation in the past decade, driven by the government's 'Make in India' initiative. The country has emerged as a major player in the global manufacturing landscape, with a focus on sectors like electronics, pharmaceuticals, and automotive manufacturing. India's lower cost of labor and infrastructure development have made it an attractive destination for foreign investments. However, the sector still faces challenges, including a need for increased competitiveness, vocational training, and foreign direct investments.
quoting nevent1q…kfhlCNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?
As the 10th anniversary of the Make in India initiative nears, CNBC's Inside India takes a look at how the nation's manufacturing has evolved — and what more needs to be done.
https://www.cnbc.com/2024/09/19/cnbcs-inside-india-newsletter-will-indias-lofty-manufacturing-ambitions-bear-fruit.html
India's manufacturing sector has undergone significant transformation in the past decade, driven by the government's 'Make in India' initiative. The country has emerged as a major player in the global manufacturing landscape, with a focus on sectors like electronics, pharmaceuticals, and automotive manufacturing. India's lower cost of labor and infrastructure development have made it an attractive destination for foreign investments. However, the sector still faces challenges, including a need for increased competitiveness, vocational training, and foreign direct investments.