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Business News/ Industry / Manufacturing/  The Make In India opportunity in five charts
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The Make In India opportunity in five charts

Niranjan Rajadhyaksha

While India lags in manufacturing competitiveness, it has the potential and opportunity to catch up with other nations

Since taking office in May, Narendra Modi government has laid much emphasis on manufacturing, whose share of economic output has stagnated for decades at around 15%. Photo: MintPremium
Since taking office in May, Narendra Modi government has laid much emphasis on manufacturing, whose share of economic output has stagnated for decades at around 15%. Photo: Mint

1. India has almost missed the manufacturing bus

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2. There is an opportunity to get back in the game

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3. Future success will depend on strategic clarity

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4. The nature of the global supply chain matters

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5. Excessive regulation still hobbles manufacturing

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Graphics: Ajay Negi/Mint

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Published: 25 Sep 2014, 12:50 AM IST
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