Bullet points of CNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?

Bullet points of CNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?
- India has become the largest producer of iPhones after China
- The government's 'Make in India' initiative has led to investments in various sectors
- India's lower cost of labor and infrastructure development have made it an attractive destination for foreign investments
- The sector still faces challenges, including a need for increased competitiveness, vocational training, and foreign direct investments